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Xi Jinping’s trillion-yuan baby, the Star Market, is poised for the next spurt of growth. Here’s why

Ji Xinhua is walking on clouds. Two months before his 41st birthday, his company UCloud Information Technology overcame the hurdle that had tripped up dozens of larger Chinese companies and driven them half a world away to New York to raise funds.

UCloud, which helps customers store computer data in the cloud, became the first company with a dual-class shareholding structure approved to list on China’s Star Market. UCloud’s shares, offered at 33.23 yuan (US$4.73), more than doubled during their trading debut in Shanghai and soared to a record 115 yuan by the 16th trading day.

That made Ji, who owns 50.8 million UCloud shares, or 12 per cent of the company, a multimillionaire, one of more than 130 minted by the Nasdaq-style market in the 12 months it’s been operating.

“We may have opened a floodgate for other promising tech companies to access funding on the domestic market,” Ji

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Tech support staffers star in NFL offseason

MINNEAPOLIS (AP) — Like a principal walking through a hushed hallway on the first day of school, Cheryl Nygaard felt the emotional surge of relief and pride last week as the Minnesota Vikings director of information technology peeked in on the video conference sessions set up for this most unusual NFL offseason.

”We had all of the players and coaches set up in their virtual classrooms, and that whole process just went off without a hitch. That’s when it kind of just hit me,” Nygaard said, adding: ”They were able to continue working as if we were in the office.”

Thanks in no small part to the effort and ingenuity of these often overlooked technical support staffs, the process of player acquisition and development around this schedule-driven, structure-oriented league has pressed on this spring despite the closure of team facilities due to the virus spread. Quarterbacks normally have the market

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