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An online store owner applies for a loan through a MYBank mobile phone app in Jingdezhen, Jiangxi province. [Photo provided to China Daily]

Analysts at Shanghai Chongyang Investment Co, an asset manager, said in a research note that the bond market may bear short-term pressure as some financial institutions would seek to sell bonds in compliance with the new regulation. They added that mid- and long-end interest rates in the market will likely remain at a high level.

And we are confident that, by implementing the China-Africa Ten Cooperation Plans and the African Union's Agenda 2063, as well as China's Belt and Road Initiative, we can deliver more tangible benefits to both of our peoples.

Analysts polled by FactSet forecast a loss of .85 per share.

And now, the novel coronavirus epidemic has given his lofty aspiration an unexpected shock. Jiang's Therion was one of the first bookstores to reopen in the city on Feb 10. The number of visitors to the high-footfall urban neighborhood dropped about 90 percent to fewer than 10 per day, most of whom just grabbed a cup of coffee and left.