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The information contained in this publication is not intended as an offer or solicitation for the purchase or sale of any financial instrument. Any opinion offered herein reflects Investment & Finance China Alliance Limited (IFCA) current judgment and may change without notice. Users acknowledge and agree to the fact that, by its very nature, any investment is characterized by a certain degree of uncertainty and that, consequently, any investment of this nature involves risks for which the user is solely responsible and liable.

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