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"China's efforts to promote the development of 5G networks are proceeding as scheduled. Though the ban on ZTE has led to market concern about a severe negative influence on the telecom industry, the real situation turned out better than we had expected," Essence Securities said in a research note.

"Compared with other brands, own-label products of supermarkets are usually cheaper, and they can help supermarkets to get higher gross profits. They can even set up specialized labs to research and develop more innovative products in their own brands, as this will help to lower the costs, raise customer loyalty and brand awareness," Wang said.

"Companies' future output expectations remained strong, reflecting a positive outlook for the manufacturing sector for the year ahead," Wang said.

"Chinese investors are more cautious about investment. They no longer chase those hotbeds but start to think about business sustainable in the long term," said Xu.

"Considering the unique circumstance of this matter, however, I determined that a Special Counsel is necessary in order for the American people to have full confidence in the outcome," said US Deputy Attorney General Rod Rosenstein in a statement.