Technology stocks could continue their strong performance because they relate to the new economy and currently have relatively small scales of stocks in circulation, which have attracted investors, according to market insiders.
Tencent is one of the world's largest internet companies by revenue. The company runs several major social and communication platforms in China including WeChat, QQ.com and Tencent Net.
Tencent, for instance, is one of the main shareholders of Sea Ltd-the Singapore-based internet platform provider behind games publisher Garena and e-commerce site Shopee. It also has a stake in Voyager Innovations, the fintech subsidiary of Philippine telecommunications firm PLDT, and Indonesian ride-hailing firm GoJek. Tencent is setting up its regional hub in Singapore to further expand in Southeast Asia.
That made the high blood pressure medicine the first innovative Chinese drug to obtain full approval following a standard review by the FDA.
That is 10 percentage points higher than a survey of 1,000 people UBS did in February, when the pandemic was at its peak in the country.
Telecom giant Huawei told Xinhua that it has provided 5G platforms and aided the construction of Huoshenshan and Leishenshan, two newly built major makeshift hospitals in Wuhan, epicenter of the coronavirus outbreak. As of Saturday, Huawei has resumed 90 percent of its production capacity.
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Thanks to their efforts, Russian enthusiasts can satisfy cravings for their favorite Chinese TV dramas almost as quickly as the latest episode is uploaded in China.
Thanks in part to the efforts, China's central SOEs saw profits rise slightly. Growth last year picked up from a 5.6-percent decrease in 2015.
Tencent Meeting has extended services to over 100 countries and regions. It is looking to launch products in other markets when the time is ripe.
That has called for more pressing needs for professional services like those offered by J.D. Power, especially as more new energy vehicles hit the road and their sales appear poised to pick up as the market matures.