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Analysts from Shanghai-based Sinolink Securities said overseas institutions will invest mainly in companies that face little competition in the local market, produce positive financial performance and have potential to emerge as super brands in the future.

Analysts are also wary about what lies ahead, after the OPEC-led output curb expires in the second half of 2019, though Al-Falih expressed optimism last week for the extension of the OPEC-led December agreement.

Analysts said the establishment and improvement of the energy security reserve system will ensure the development of the country's strategic energy resources, improve the energy forecast, warning and emergency handling mechanism.

Analysts attributed the stellar third-quarter show to strong Chinese consumer spending.

Analysts at Morgan Stanley announced on Tuesday that they were downgrading the company – adjusting their price target down from 3 per share to 0 per share. While Netflix was one of the fastest growing stocks on the S&P 500 last year — up 312 percent — ?Morgan Stanley thinks that new factors this year will stifle the online streaming company’s growth.