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Amid mounting concerns about hefty pricing and valuations that prove hard to sustain, the new economy frenzy has fizzled out. Among the 19 Chinese mainland companies that raised a combined total of HK.1 billion in Hong Kong this year, nine firms traded below their offering prices on the first day of trading. As of Thursday, only five companies managed to stay above their offering prices.

Amazon’s fashion ambitions go back several years, and the company has struggled to break into the market in the past.?In 2012,?Amazon shut down Endless.com, a five-year-old high-end online fashion site that sold accessories. Last year,?Amazon-owned MyHabit faced the same fate.?

Amazon’s new one-hour delivery service includes popular restaurants like Wild Ginger.

Amazon’s first building in the Denny Triangle?— the 36-story Doppler?tower — opened in late 2015. That was followed late last year by the opening of the Day One tower, on the same block as the spheres. Construction is underway on the third block across from?Day One and the Doppler tower.?On another?full-block?site, formerly home to the Hurricane Cafe, Amazon plans to build a 23-story building and an 8-story structure in the future.

Among employees working at government institutions, 28.3 percent of the total staff are aged 46 and above, according to Zhaopin, which surveyed all types of enterprises nationwide this summer.