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Chinese cities rolled out new measures for the second quarter in a bid to rein in their property markets, as National Bureau of Statistics figures showed new residential home prices remained stable in 15 major cities considered the "hottest markets" in February.

Chinese internet giant Tencent Holdings Ltd topped the league table, followed by e-commerce leader Alibaba Group Holding Ltd and telecom company China Mobile Communication Corp. Other well-known names in the top 10 include tech firm Huawei Technologies Co Ltd, Chinese liquor producer Kweichow Moutai Co Ltd, and the world's biggest bank in terms of assets, Industrial and Commercial Bank of China.

Chinese banks reduced the number of employees while increasing investments in fintech development in the first half of this year, Securities Daily reported on Monday.

Chinese ports are expected to receive an average of 1.77 million visits from travelers exiting and entering the country every day during the holiday, up by 8.9 percent from last year's holiday, the National Immigration Administration said on Friday. The Spring Festival holiday is from Monday to Feb 10 this year.

Chinese companies including State-owned enterprises or SOEs have to tread the path of overseas M&As with care and caution, he said.