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Analysts view the company's ventures into the broader movie sphere a critical step forward to appeal to a wider user base.

And since May 2017, stores have been pulling out of Sogo, one of the largest malls in central Beijing.

And the tourism industry may face a shakeup, as foreign entrants, such as American Express, Germany's Touristik Union International and Japan Travel Bureau Foundation, could invest a lot to expand their sales network either built on their own or through acquisition, Liu Simin, a researcher at Beijing Foreign Studies University, said. But they also have to be ready for a long battle and understand Chinese market, Liu added.

Analysts from Beijing-based China International Capital Corporation Limited, or CICC, wrote in a note that the northbound investment - funds coming from Hong Kong into the Chinese mainland bourses - has mainly targeted blue-chip A shares since March-end.

And Saint Ke, a postgraduate student from Macao University of Science and Technology, said the program is a good platform to put into practice what students have learned in class.