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"Certain regulation is necessary," he said. "But as ICO has been such an efficient way for tech companies to raise funds, I believe it is more likely to be a short-term ban until they can regulate it efficiently."

"China is going through a transformative period from consumer internet to industrial internet. There is robust demand for digital transformation among Chinese enterprises. We are playing an increasingly important role in the process," Kingdee Chairman Xu Shaochun said at the news conference accompanying its 2019 interim results announcement on Wednesday.

"By leveraging the large passenger flows of the new airport and the impact of Universal Studios in Beijing, Quanjude is making some positive and effective attempts by exploring its future growth path, and it would be beneficial for the time-honored brand to rebuild its image," he said.

"China has low financial risks and the profitability and valuations of the A shares are good," said Starock. "The A share positions of foreign investors are low, and the potential is huge."

"China is ready to support Africa in its efforts to address three major bottlenecks impeding development, namely lack of quality infrastructure, professional and skilled personnel and financial resources," she said.