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Analysts expect bigger players to gain a market advantage over smaller rivals with consolidations going up amid the changing industrial landscape

Andrew Miles, president of Sam's Club China, introduces products to a member in Shenzhen. [Photo provided to China Daily]

And a local official in Arizona used George Floyd's dying words, "I can't breathe," to mock mask-wearing.

Analysts said the Fed's hike of 25 basis points — a quarter of percentage point — was in alignment with market expectations, and the mild increase leaves little room for a significant market response.

Analysts said the anticipated domestic floats of overseas-listed tech companies and tech unicorns will require a major revamp of existing rules. Under the current IPO regime, requirements related to continuous profitability and share structure are considered very stringent.