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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.

Amid the escalating unrest in Hong Kong, many small businesses have pulled down the shutters as the economy shrinks and tourists stay away. [Photo/China Daily]

Among the newly-infected patients in Wuhan, 66 are male and 70 are female. They are aged between 25 and 89, and 36 of them, including the deceased, were in severe or critical conditions.

Amid the shortage, industries have resorted to burning natural gas to generate CO2 -- a practice that Thornton said can be expensive dependent on price and supply fluctuations.

Among them, Bosideng branded down apparel business recorded retail sales of 650 million yuan on the Tmall flagship store, which represented a 58 percent increase. Overall online sales of the Bosideng brand increased by about 43 percent, compared with the same day a year ago.