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Due to the lack of business and the rally happening in the area, a seafood product store on Wing Lok Street closed its door at around 3 pm on Sunday, several hours earlier than usual.

During January-November period, the centrally administered SOEs made a total of 1.33 trillion yuan (1.2 billion) in profit, up 17.2 percent year on year, marking the fastest growth in nearly five years, SASAC said at a press conference.

Dong Yan, a research fellow at the Chinese Academy of Social Sciences, finds such moves reasonable for business operations, as traditional manufacturing in China, including digital camera production, has been influenced by the fast development of the digital economy and the internet. Vietnam is a better choice given its lower production costs and large young labor force, he said.

Due to the COVID-19 outbreak, China's economic and social order was once affected, as well as Ma's life.

Drug maker AstraZeneca is discussing a possible merger with rival Gilead Sciences, Bloomberg News reported.