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An old Beijing courtyard home, Peking duck, Cantonese soups, Xinjiang. What do these all have in common? Jujubes, the Chinese red date.

Analysts at China International Capital Corp Ltd said in a research note that A-share valuations could be more attractive after the latest correction and the stock prices will likely be supported by the listed companies' earnings improvements.

Analysys estimates China's mobile payment market will account for transactions worth 100 trillion yuan by 2019.

Analysts attributed the IPO surge of Chinese tech firms to vibrant web-based industries. Innovations powered by internet technology are springing up and the group of tech-savvy young consumers is growing rapidly.

Angang Steel Company said its net profit would rise 236 percent year-on-year to 3.3 billion yuan (7.7 million) on the back of a recovering market demand and cost-efficiency moves.