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"Haifeng has played an important role in Baidu's acquisition of engineering talent, helping Baidu drive the innovation and commercialization of AI technologies," Li said.

"Global institutional investors are currently underweighted in Chinese assets. As the importance of China's economy and the yuan increases, adding positions on these assets will become the norm for foreign funds," said Fang Xinghai, vice chairman of the China Securities Regulatory Commission.

"For example, it is powerful enough to change the cosmetics industry and force them to make more water-based makeup products instead of oil-based ones for young ladies. The young females love to take selfies in the morning when their makeup is fresh and oil-based cosmetics would ruin a perfect selfie by making them look oily."

"Growing online shops is considered a crucial step for Marks& Spencer, but the most critical problem is not about online or offline," he said.

"Foreign institutional investors' entry will add more liquidity into the market. Not only commercial banks, insurance companies and pension fund managers should also be encouraged to join the trading," he added.