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Compliance, in a broad sense, means not only satisfying requirements of laws and regulations, but meeting investor expectations over information disclosure as well. The latter could be more important but has been overlooked by many Chinese firms.

Compared with wine and spirits, he said premium beer is still in its early stages of growth in China.

Concerns have been on the rise as an increasing number of young people, in particular students, were involved in violent incidents. Since June 9, the police have arrested in total 6,105 people, in which almost 40 percent were students.

Coal companies listed on the A-share market saw the biggest intraday surge of 5.18 percent on Monday, according to Shanghai-based market tracker Wind Info. Publicly traded nonferrous metal companies saw their share prices rise by 3.13 percent on average, while securities firms' shares moved up by 2.56 percent.

Companies including Manbang Group, China's largest Uber-like freight service provider, are jumping on the bandwagon to develop technologies with the aim of improving the overall efficiency of the trucking industry.