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Analysts said that selling shares to employees over the long term may help companies retain staff and boost their performances by giving them more incentive to work hard, keep the shares, and benefit from the growth of the group.

Analysts from Haitong Securities wrote in a note that investors are holding a strong wait-and-see attitude at present. The market will need new signals before it makes a real rebound.

Anhui Chuangyu has been ordered to suspend its business for a year and is now banned from bidding for public projects, the city government said on Sunday.

Anatoly Smyhula, deputy director for Scientific Work at Kiev Institute of Gas, said energy cooperation with China would be useful for Ukraine, as it has much to learn from China with regard to energy technology development.

Analysts say the decision to scrap the boundary indicates further integration of Shenzhen and sends a positive message on regional development.