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Ant Financial Services Group, the payment affiliate of Chinese e-commerce giant Alibaba, is close to closing a .5 billion debt financing round, US cable business channel CNBC reported.

Anwar Alabdulla, Bahrain's ambassador to China (left), and Leela Mani Paudyal, Nepal's ambassador to China, interact with children in Guyuanxiang community in Urumqi, Xinjiang Uygur autonomous region, on Aug 19. [SUN SHAOXIONG/XINHUA]

Another NPC deputy, Stanley Ng Chau-pei, who also attended the meeting in Beijing, said the law has acted as a deterrent as a number of separatist figures and political groups hastily "announced their withdrawal from politics" or dissolved their respective political parties.

Another Chinese startup Xpeng plans to go public in New York later this year, said Reuters citing sources with knowledge of the matter.

Another US-listed Chinese education stock GSX Techedu Inc also registered losses this week. The company recently reported a tenfold growth in earnings for 2019, but a short sell report in February questioned its financial integrity.