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Billboards of foreign and domestic financial institutions are seen on a street in Shanghai. [Photo by Yan Daming/For China Daily]

Bilateral trade is steadily increasing and cooperation in areas such as energy, transportation infrastructure and agriculture is being advanced, Putin said. The Eurasian Economic Union and the Belt and Road Initiative, which can complement each other, should be better aligned to achieve win-win outcomes, he said.

Billy Mak Sui-choi, associate professor at Hong Kong Baptist University's Finance and Decision Sciences Department, said while listings in Hong Kong can offer flexibility to enterprises on how to allocate proceeds from fundraising, conducting IPOs on the mainland also has its advantages.

Boosted by the strong profit growth, shares of Tsingtao Brewery rose by the daily limit of 10 percent to 50.66 yuan in the morning trade on Friday in Shanghai.

Bob Kirtdoll attends the annual Dr Martin Luther King Jr Day Parade on Jan 21, 2019, in Denver, Colorado. [Photo/VCG]