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D-shares refer to shares issued in Frankfurt by leading Chinese manufacturing companies that are looking to expand overseas.
Currently, companies mainly focus on how to optimize their strengths like technologies, in order to find a role in the construction of smart cities. But what is really needed is a strong capability to integrate different sources to function as a well-coordinated platform, he said.
Currently, 80 percent of Zhong An stocks remain non-tradable and are in the hands of major shareholders, including Ant Financial, Tencent Holdings and Ping An Insurance, due to regulatory barriers. Similarly, some 85 percent of Legend Holdings Corporation stocks cannot be freely traded on the secondary market and are held by big shareholders like State-owned Chinese Academy of Sciences Holdings and China Oceanwide Holdings Group.
DAB lawmaker Edward Lau Kwok-fan was similarly defeated in Yan Shing constituency in North district.
Cyclical stocks, which are sensitive to macroeconomic changes, may outperform the market, such as those who engage in construction materials and machinery and therefore benefit from faster infrastructure investment, according to Xie Chao, chief strategist at Shanghai-based Everbright Securities.
来源：资阳报