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As the renminbi largely reversed its relation with the US dollar from February to mid-June, it will probably return to a regime of relative stability in the trade-weighted exchange rate, or to appreciate if the broad trade-weighted US dollar depreciates, said Robin Xing, chief China economist with Morgan Stanley.

As well as attracting tech firms, the STAR Market is performing a role spearheading registration-based reforms such as those relating to market-oriented share pricing, market data show.

As they did on Monday, US industrial companies including heavy equipment maker Caterpillar and aerospace company Boeing – the biggest US exporter to China –declined on Tuesday, dropping more than 3 percent each on the New York Stock Exchange.

As the Greater Bay Area development gathers momentum, Guangzhou Aircraft Maintenance Engineering Co Ltd, or GAMECO, is building itself up with major investments in a third hangar, a component repair center and a composite center.

As the fixed-income research team of CICC predicted, there is high possibility for the global interest rate to hit another historic low. Global capital has been withdrawing from risk assets and flowing into the bond market. In this sense, the Chinese bond market which promises higher yields is more attractive to investors.