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And after the epidemic situation in China calmed down, China rushed to help other countries, showcasing its kindness and sense of responsibility, he said.

Analysts said the central bank's accommodative stance also helped boost investor sentiment. The People's Bank of China injected 500 billion yuan of funds on Tuesday to ensure ample liquidity, after a 1.2-trillion-yuan injection on Monday.

Analysts said the news sends a positive signal to Huawei, as entry into the UK's 5G network is highly likely to invite wider recognition in Europe and help reduce security concerns toward the Chinese company.

Analysts said that despite the current success, the Shanghai crude oil futures market is still very small compared to existing international crude benchmarks in terms of trading volume and open interest, including the benchmark West Texas Intermediate benchmark from the United States and Brent from the United Kingdom.

And, as far as Alberg sees it, there’s no reason to worry that Amazon will sever ties with Seattle. Recent reporting by GeekWire indicates that Amazon is still gobbling up sizable chunks of real estate in the city, even expanding its footprint to Bellevue.