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As the performance of the machinery sector will pick up, it is still able to achieve a 5-percent growth in industrial output for the whole year, it said.
As reforms accelerate and as the ChiNext's valuation level has become "attractive" after several years of downward adjustments, a new bullish trend may beckon investors to the board, said Yang Delong, chief economist at Shenzhen-based First Seafront Fund.
As the HSCEI adjusted its member list on March 5, 2018, the valuation system of this index was strongly adjusted. This adjustment added 11 new members to the index. Some of them have extremely high valuations. For instance, Tencent was trading at 14.7 P/B ratio and Zhong An Online was trading at 12.9 P/B ratio on that particular day. This adjustment of index constituents abruptly increased the P/B ratio of the HSCEI by 0.23.
As the data showed in the ranking list, the nine leading smartphone suppliers based in China shipped 626 million smartphones in 2017, an 11 percent increase from the 565 million smartphones that these nine companies shipped in 2016. And the total share of the top nine Chinese smartphone suppliers reached 42 percent in the global smartphone market in 2017, up from the 38 percent share in 2016 and 34 percent in 2015.
As the concept evolves from jargon to practice, China's tech giants are busy throwing their hats into the ring. First, it was Alibaba Group Holding Ltd that pitched its tent. It has clinched a flurry of stake-controlling deals, from InTime Retail to RT-Mart, or built its own retail prototypes like the Hema Fresh Market in order to take on existing physical stores.
来源：资阳报