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The benchmark Shanghai Composite Index rose 0.28 percent to close at 2823.82 points. The gain was mainly led by companies in consumption-related sectors including tourism, restaurants, food and beverages. The index wrapped up a 1.8 percent weekly gain on Friday.

The bad news: Sonos, the privately held maker of wireless audio gear, is cutting jobs.

The biographical story spans about four decades. It begins with Xiao's teen years as the carefree daughter of a high-ranking official's family. It depicts her romance with her childhood sweetheart, Han Derang.

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The bill would allow banks with a simple leverage ratio of 10 percent or higher to be exempted from a number of regulatory requirements, including Dodd-Frank's heightened standards for larger lenders.

The average number of tourists per day increased by about 6 percent to 5,385, reaching a 10-year high, according to statistics released by Ngong Ping 360.

The authorities have dispatched 11 teams to nine provincial regions to assist with emergency response.

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The average wholesale price of pork in the country in May was 20.6 yuan () a kilogram, an increase of 1.6 percent over the previous month, and a year-on-year rise of 29.3 percent, Tang Ke, director for market and information at the ministry, said at a news conference.

The belief is based on the fact that insects and pests are active during this summer month, which can bring infectious diseases to both humans and animals.

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The average daily stock sales volume by major shareholders, supervisors and management of companies listed at the Shanghai Stock Exchange fell to 190 million yuan ( million) on the secondary market during the three trading days ending on Friday.

The asset quality of Chinese commercial banks remained stable as their nonperforming loan ratio rose by just 1 basis point from the previous quarter to 1.81 percent at the end of the second quarter of the year.