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At the event on Thursday, he said the AIIB expects to benefit from Belt and Road development projects and in turn contribute financing, standards and governance.

At the launch of a 2018 China green bond market report in February, Sean Kidney, CEO of the non-government Climate Bonds Initiative, an international NGO, said: "China has been the global leader in regulatory measures to support green finance. The rest of the word has a lot to learn."

At the embassy ceremony in Jerusalem, Trump son-in-law and chief Mideast adviser Jared Kushner placed the blame on the Gaza protesters.

At the opening bell on Friday, "LK" shares, which had been priced at a share, surged to , before settling at around , up 20 percent. Luckin traded 47 percent above its original pricing, making it one of the top 15 hottest IPOs this year.

At the same time, iron ore prices are comparatively low thanks to rising output, oversupply, and high port inventories, Wang said. "Low material prices help keep steel production costs at relatively low levels."