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Analysts said CATL's lead will continue for a while to come, but it's clear that the company will face more pressure than before.

Andrea Kremer: This time last year, I can honestly say I was more nervous than I’ve ever been in my career. Even though we’re hired for our credentials, we’d never done these particular roles before. You can rehearse, but until you actually do it, you really don’t know if you can. I’ve talked to so many rookie head coaches and then I talked to them in their second year and they said, ‘oh my, I don’t even know what I didn’t know last year.’ And I think that’s to an extent how we felt.

Analysts said that as a result, the Shanghai and Hong Kong-listed brokerage could expand its current services as an information consultant to selling derivatives and bonds from the mainland and Hong Kong markets to South Korea's institutional investors.

And by holding the event, Beijing has once again demonstrated its firm belief in free trade and an open global economy, as well as its rock-solid determination to further open up its market to the wider world.

Andy Wang (left), CEO of StarTimes Kenya, exchange signed agreements with Dr Naim Bilal (right), the managing director of Kenya Broadcasting Corporation in Nairobi, Kenya, on Oct 19, 2019. [Edith Mutethya/China Daily]