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And 45 percent of the manufacturers hold the view that New Retail will have a profound positive impact on the overall retail business, while 48 percent think New Retail will hurt the retail industry to a certain extent.

Analysts said China's A-share market has digested some of the negative external factors, including turbulence in the US market, and investors' sentiment toward Chinese shares has been improving as the government has vowed to take additional measures to boost consumption and shore up growth.

Angle said the company is mainly focusing on the premium segment, "We've been the leader in the over RMB 3,000 (7) premium robotic vacuuming cleaner market."

Analysts said the relisting of leading Chinese tech firms in the mainland and Hong Kong will also help bring about more market liquidity and lift the valuation level of related sectors.

And if the two biggest players in the public infrastructure cloud — Amazon Web Services and Microsoft Azure — remain on the sidelines of the CNCF, end users might find it hard to implement a cloud strategy that doesn’t have the tacit approval of their vendor.