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Chehaoduo Group, parent company of Chinese online used car platform Guazi, is looking to expand its new car business to more county-level regions, as well as further develop its used-car business, to offset slowing growth in China's automobile consumption industry, a top company official said.

Charlie Liu, partner of Heidrick & Struggles, a global HR management consultancy firm, said: "The motives of Chinese companies going global are diverse. They want to expand business, learn other technologies or avoid trade barriers. And human resources always play a key role among other elements."

Cayleigh Myers said she was friends with Seth Cline, Chelsie Cline's half-sibling, and described the construction worker as "very outgoing, very funny and very smart.""You always had fun when you were around him," Myers said. "He would give his shirt off his back for you, anything, it didn't matter what it was, what time it was, if you need him, you could call him.

Capital is also pouring into the sports sector. In July, online fitness company Keep Inc raised 7 million in its D-round financing.

Cathay Pacific, Hong Kong's largest airline, is bullish that demand from the Chinese mainland for leisure and business travel will fuel its growth in the coming years, said Titus Diu, its general manager for the Chinese mainland market and a Cathay veteran with over three decades of work experience.