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Tesla secures Shanghai site for $2 billion China Gigafactory
Tesla Inc. signed an agreement with the Shanghai government for an 860,000 square meter plot of land to build its first overseas Gigafactory, the electric carmaker said in a Chinese social media post on Wednesday.
Sources: Tencent Music delays $2 billion US IPO due to weak markets
Tencent Music Entertainment has delayed its planned US initial public offering (IPO) until at least November as the owner of China’s most popular music apps prefers to wait for global stock markets to stabilize, three sources said.

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