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And, the company’s recent quarter broadly disappointed investors. “Amazon lost 7 million in the third quarter, up from million during the same period last year.” Reported Motley Fool, “That’s a more than 1,000% increase [in losses].”

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.

Analysts said Allianz's plans in China highlighted the regulator's desire to further open the domestic market to foreign players and it could mean that foreign insurance companies could enter the Chinese market by establishing wholly-owned local units in the future.

Analysts said the two new companies are signs of consolidated relations between FAW and Audi and will help promote the German brand's long-term development in China.

Analysts said that the Chinese smartphone market is expected to see a reshuffle as smartphone consumption slows down with almost all Chinese people owning at least one mobile phone.