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As it transforms from high-speed growth to high-quality development, China has pledged stronger legislation and law enforcement efforts in key undertakings like the supply-side structural reform and capital market reform.

As one of the largest sport events and marketing platforms, Wanda Sports posted sales revenue of 1.12 billion euros (.23 billion) in 2018, and a profit of 54 million euros. For the three months ended March 31, 2019, the company reported revenue of 245.6 million euros and a loss of 8.6 million euros, the company said in its filing.

As of 4:40 pm, one child was found but confirmed dead. Firefighters are still searching for the other person.

As of the end of 2017, China Construction Bank Corp recorded a 157 percent growth in personal consumer loans from the previous year to 192.7 billion yuan (.6 billion). Its green lending, which aims to reduce pollution and to support environmentally friendly businesses, also increased by 13 percent to more than 1 trillion yuan, according to the bank's annual results announced on Wednesday.

As part of this easing in policy, more foreign asset managers and hedge funds have been given the green light to develop onshore products.