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And this is just the beginning, according to Feng Yousheng, founder and CEO of Chinese livestreaming app Inke. During the 4th World Internet Conference in Wuzhen, Zhejiang province, earlier this month, he said the coming fifth-generation or 5G mobile technology and new-age tech like augmented reality will help make livestreaming even more powerful.

Analysts say that ESOPs have become the buyers because they can absorb large amounts of stock, and purchases by ESOPs are often seen as a positive indicator of a company's prospects.

Analysts expect the country's consumption to be shaped by a booming middle-income group, fast urbanization and technology advances, among other trends, in the coming years.

And Hong Kong-based FWD Group, owned by tycoon Richard Li, is also in the process of obtaining regulatory approval for a majority-owned China insurance joint venture, according to a separate person with knowledge of the matter.

Analysts said that as a result, the Shanghai and Hong Kong-listed brokerage could expand its current services as an information consultant to selling derivatives and bonds from the mainland and Hong Kong markets to South Korea's institutional investors.