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Dong is just one in a sea of Chinese consumers opting to buy local. According to a recent report by Kantar Worldpanel and Bain&Co on Chinese consumer behavior, young Chinese brands are quickly picking up momentum and gaining market share from their foreign peers.

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During an arrest made in Sheung Shui on Saturday night, one rioter resisted and grabbed a firearm from police officers. He later even put his finger on the weapon's trigger which posed a threat to public security, explained Kenneth Kwok Ka-chuen, chief superintendent of the Police Public Relations Branch.

Douglas McWilliams, deputy chairman and founder of the Centre for Economics and Business Research, a consultancy based in London, said it had been obvious for a while that Shanghai would surpass Tokyo.

Dow component Boeing — the largest US exporter to China — fell 0.9 percent and was the index's biggest drag. China accounted for nearly billion of the aircraft maker's revenue in 2017, or 12.75 percent of its sales.