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Analysts said Alibaba's profit may have dropped due to the group's diversification that required investments in new business segments like media, entertainment and cloud computing.

Analysts said Baidu's investment showed its ambition to expand its presence in content. The tech heavyweight has invested in a series of video-sharing platforms, such as Baidu Video, Qingting FM, Pear Video and Renren Video.

Analysts said FAW-Volkswagen will remain the most important weapon for quite a long time to come for Audi to defend its position in China.

Analysts from China Fortune Securities wrote in a note that Qingdao Port has built up a modern comprehensive logistics business model over the past few years, by combining cargo handling and integrated logistics management. By forming joint ventures with logistics industry leaders, it has enhanced capacity to provide services throughout the whole supply chain.

Analysts also warned of risks from fiscal deficits and trade frictions with the United States. Fully aware of the challenges, China's policy makers have rolled out a series of measures, reining in credit expansion and curbing overheated home purchases. Debt-ridden zombie companies are being dissolved and home markets are gradually back on track. "Risks are generally controllable," Chinese Premier Li Keqiang said at the Annual Meeting of the New Champions 2017, or Summer Davos, in the city of Dalian. "We are capable of fending off all kinds of risks and ensuring the economic growth stays in a reasonable range."