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Buoyed by the sustained economic recovery, the People's Bank of China, the central bank, is likely to stay away from aggressive monetary easing in the third quarter. Instead, it will rely more on policy tools to ensure sufficient liquidity for its fiscal measures, especially for government bond issuance, they said after the midyear meeting of the central bank on Monday.

Brands operating in China are becoming more sophisticated in their social media marketing due to the complex media landscape and the widening generational gap, according to the China Social Media Landscape Report 2019 by global consultancy Kantar's Media Division.

Bromley-based video game developer Warchest, acquired by Hong Kong-headquartered gaming company Leyou Technologies in 2017, reported a growth rate of 127 percent, the fourth-highest out of the listed companies.

Brother Enterprises Holding Co Ltd, a producer of fine chemicals, forecast a year-on-year net profit increase of 150-180 percent in the January-September period, citing growing demand.

Brenti said the COVID-19 pandemic has affected their brick-and-mortar stores in China, but their online businesses have seen significant growth.