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Inquiries by Chinese for US properties were down by 27.5 percent year-on-year in the first quarter, and have fallen for four of the past five quarters, according to the website.

International package orders and products from cross-border e-commerce operators will be shipped via the freight railway routes as part of a slew of measures to solve delayed deliveries.

International Media Center is seen ahead of the US-DPRK summit in Hanoi on Feb 25, 2019. [Xinhua]

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Investment bank BOC International (China) Co Ltd said that from 2019 to 2020, the overall growth rate of the liquor sector in China will slow, as the sector's cycle returns from the significant growth achieved in 2017 and 2018.

Internet upstarts JD and ByteDance have since 2019 began spent billions of yuan buying office buildings.

Investment banks collect hefty underwriting fees from these Chinese IPOs as well as trading commissions based on daily volume. Every time there is a major Chinese IPO in New York, NYSE will fly the Chinese national flag outside its iconic facade and Chinese entrepreneurs enjoy a lavish breakfast inside before ringing the opening bell. US exchanges therefore carry prestige for Chinese executives.

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Innovative firms, tech startups in particular, face legal and technical barriers to list on the A-share market, including restrictions on weighted voting rights, or dual-class shares, and mandatory requirements on IPO applicants' profitability.

Investment analysts heard little new and Facebook's share price showed no reaction to the event, holding at the level to which it has recovered after taking a hit on the scandal.

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Investors fear spread of the coronavirus will break worldwide supply chains, disrupt production and depress company earnings, making current stock prices too high.

Intraregional green lanes will allow gradual reopening of frontiers