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Brian Householder, CEO of data specialist vendor Hitachi Vantara, a wholly owned subsidiary of Hitachi, said he saw the big potential in the Chinese market amid sluggish global growth. "The downward pressure is increasing, and we all see the difficult market circumstances not just in China but globally."

Brady said Bowers' actions "represent the worst of humanity" and criminal charges against him could be filed as early as Saturday.

But Bilibili's ambition does not stop there. It proposed a "Made by Bilibili" plan last year, aiming to invest in high-quality content production houses to craft original content.

Buoyed by the sustained economic recovery, the People's Bank of China, the central bank, is likely to stay away from aggressive monetary easing in the third quarter. Instead, it will rely more on policy tools to ensure sufficient liquidity for its fiscal measures, especially for government bond issuance, they said after the midyear meeting of the central bank on Monday.

British asset managers are buying into Chinese A shares ahead of United States index provider MSCI's inclusion of 229 Chinese mainland-listed stocks on its flagship emerging markets index, which is set for Friday.