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"Chinese app developers are leading the world in terms of app downloads and revenue, and have grown to be a very admirable community of innovators," Isabel Ge Mahe (Ge Yue), Apple's vice-president and managing director of Greater China, told Xinhua on the sidelines of the China International Big Data Industry Expo 2019 that opened in Southwest China's Guiyang, Guizhou province, on Sunday.

"China strongly urges the United States to abide by the one-China principle, the three joint communiques between the two countries and UNGA Resolution 2758, and immediately stop backing the Taiwan region, politicizing, and undermining international response to the pandemic," he added.

"Chinatown, in its own way, is evolving to cater for different tastes," he said. "We're seeing now lots of students from the Chinese mainland hanging out in Chinatown. They might come from different parts of China and have different tastes, but the businesses are responding to that."

"Chinese companies are differentiating themselves from other US-listed Chinese equities. In fact, Alibaba has even appreciated about 30 percent year to date. What this means is that investors are being selective. They see more potential in some firms compared to others. They are not lumping all of these companies in the same basket," noted Alejandro Ortiz, lead research analyst for SharesPost Inc.

"Compared with Hong Kong and Singapore, Hainan will utilize its own resources to develop. I think it will have a late-mover advantage with a relatively faster development pace," Chi said.