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Cycling in Shanghai

Currently, artificial intelligence is accelerating the adoption of cloud services. According to a research by market research company International Data Corp, AI will more than double the rate of innovation, employee productivity in China by 2021.

Currently, the shared e-scooter frenzy is sweeping foreign markets. A report found that more than 60,000 e-scooters have been deployed in the US alone and the total ridership is expected to hit 240,000 e-scooters per day.

Cyclical factors also count, Li said, as the A-share market now has a low valuation by global standards and has entered a rebound cycle since last year, following a market decline that lasted for three-and-a-half years from the 2015 market meltdown.

Ctrip’s stock’s 52-week high of .91 was reached on June 15. Earlier this month, the company celebrated the 15th anniversary of its shares trading on the Nasdaq Stock Market.