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Analyst said the acquisition of SilverYachts signifies the Chinese aluminum maker's resolution to directly enter the downstream-end product manufacturing business.

Analysts said the effect of the China-US trade frictions on China's macroeconomic fundamentals would be mild, although attention should be paid to the potential impact of an expanded scale of the disputes.

Analysts said more measures for steady and stable growth of the housing market are likely to be introduced across China, and more supply models for meeting various housing demands also will be found as the country vows to offer inclusive housing conditions to residents nationwide.

Anglee, a skincare product maker, which established its facility in Guangzhou in 1991, has opened three medical cosmetology shops in Guangzhou and aims for an initial public offering in the mainland to fund more such shops, which are also beauty parlors, said chairman Aaron Lin.

Analysts caution against Wong's attempts to hype to garner international attention