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Making sure the private sector withstands the trade tensions is essential, only by which the economy can keep driving itself forward, said Carnell.

Mainland, HK bourses' agreement on Stock Connect inclusion lifts sentiment

Ma Shuguang, chairman of ABC Wealth Management, said the company will integrate data resources of the bank and external institutions; fully utilize financial technologies such as big data and artificial intelligence to define its core customers and analyze their transaction habits; and give support to product research and development, robo-advisory services and precision marketing. During the process, it will push ahead with construction of the next generation of asset management platforms.

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Major Chinese carriers slipped into the red during the first half of the year as the COVID-19 epidemic slammed their businesses, but rising passenger numbers during the second half of the year may see the carriers end the year in positive territory, experts said on Monday.

Mainland-based financial stocks went down with China Construction Bank, Ping An and ICBC falling more than 4 percent.

Mak Chin-ho, assistant commissioner of police (operations), said that committing violent acts in airports can lead to death or serious injury, and can potentially result in life sentences in prison.

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Ma Xingrui, governor of Guangdong province, vowed to marshal the province's resources to press ahead with the blueprint from "a higher-level view and bigger picture".

Malaysia's Prime Minister Mahathir bin Mohamad expressed his hope for more cooperation with China in the automotive industry.

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Major bank stocks declined, with JPMorgan Chase losing 4.71 percent; Bank of America sliding 3.98 percent, and Citigroup dropping 8.62 percent.

Manufacturer's relationship with US regulator challenged