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Analysts expect Hui to take the richest Chinese man's crown if Evergrande's shares rise another 20 percent.

Analyst says the incidents are fallout from aggressive election campaigns

Analysts believe China will become a major market for such technologies as the government expects 50 percent of new vehicles sold in the country by 2020 to have some form of self-driving functions.

An old saying - "A clean Erhai drives prosperous Dali" - led to a consensus that only improved protection of the lake would attract more tourists to the city. While the policies to protect the lake have had a negative impact on hoteliers' incomes, the long-term prospects look reasonable. Local people agree that we cannot sacrifice sustainable development for quick profits.

And in China, "WeChat (owned by Tencent) has more than one billion active users and, together with Alipay, an Alibaba company, its payment solution has captured virtually the entire Chinese market for mobile payments. Meanwhile, Alibaba has been estimated to have close to 60 percent of the Chinese e-commerce market," the report said.