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"China is an important market for Shorelight as Chinese families are deeply connected with internet and their habits are more integrated with blended learning experience," he said.

"China has no intention of changing, still less replacing, the US. It's time for the US to give up its wishful thinking of changing China or stopping the 1.4 billion Chinese people's historical march toward modernization," he said.

"China Chengtong will team up with other investors including Baidu, Alibaba and Tencent to help China Unicom develop in cloud computing and big data," Li said. "More important, through the fund investors can share the opportunity to participate in SOE reforms."

"By listing on the Nasdaq, Aurora hopes to further enhance brand awareness and attract more talents to better grasp business opportunities of China's fast-growing big data industry," Weidong Luo, co-founder and Chief Executive Office of Aurora told Xinhua after the opening bell.

"China is paying great attention to the development of this technology. Our principle is to encourage trials, allow failures, ensure safety and oppose monopolies," he said.