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Analysts said the company's transition back into the field aligns with the government's recent efforts to promote renewable energy, as the country is taking bold steps to replace fossil fuels with clean energy sources, especially wind and solar power.

Analysts said the effect of the China-US trade frictions on China's macroeconomic fundamentals would be mild, although attention should be paid to the potential impact of an expanded scale of the disputes.

An underground car park under construction in Guanshanhu District of Guiyang, the provincial capital of Guizhou, collapsed at 4:21 pm Monday, said the information office of the district government.

Analysts optimistic on China's appeal to foreign investors, improved policies

Analysts said the infrastructure, a critical segment of the Northern Corridor project linking the port of Mombasa with the Great Lakes Region's landlocked states, shows Kenya's determination to be an infrastructure hub. That would help strengthen the regional investment environment since it would significantly lower the cost of production and improve access to markets, they said.