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How China‘s drive for a surveillance state is fueling an investment boom in surveillance firms and can instill mass obedience regardless of the tech’s efficacy – ZHENGZHOU, China – In the Chinese city of Zhengzhou, a police officer wearing facial recognition glasses spotted a heroin smuggler at a train station. Xiaomi closes just below the IPO price on the first day of trading in Hong Kong after pricing IPO at the bottom of the range at $2.17/share and raising $4.7B – – The company’s Hong Kong offering was priced at 17 Hong Kong dollars, which was on the low end of the expected range.



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