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As local label Kiks' impact on street fashion kicks in, sneaker segment rocks

As important role models for students, teachers' words and deeds must conform to the community's moral and professional expectations, the spokesperson said.

As of Sunday, the domestic shares of the bank being transferred to ICBC Investment, a wholly owned subsidiary of Industrial and Commercial Bank of China Ltd - the country's largest commercial lender, and Cinda Investment, a subsidiary of China Cinda Asset Management Co Ltd - one of the country's four largest State-owned distressed asset managers, shall represent 10.82 percent and 6.49 percent of the total issued ordinary shares of the bank, respectively, said the announcement.

As part of the State institutional reform plan approved by the first session of the 13th National People's Congress last week, the new watchdog for banking and insurance will be directly led by the State Council, China's Cabinet, which aims to strengthen regulation and prevent systemic financial risks, experts have said.

As one payment partner of Chinese e-commerce payment giant Alipay and WeChat Pay in North America, Citcon said it has partnered with more than 5,000 top merchants in the United States.