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The Trump administration fired the first shots in what could evolve into a full-fledged trade war in the past months by imposing punitive tariffs on washing machines and solar panels in the name to safeguard domestic industries, and then new steel and aluminum tariffs for alleged "national security". Both moves triggered retaliation from US trade partners and their complaints at the WTO.

The Shanghai-based company's stock opened at .8 on the Nasdaq, below its initial public offering price of .5. The price dropped as low as .62 during its first trading session before closing at .24, as tech stocks were hard hit.

The Supreme People's Procuratorate (SPP) has issued a circular calling on all procuratorates to better protect entrepreneurs' personal rights, property rights and legitimate interests to shore up confidence and encourage innovation.

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The Shanghai Composite Index stood above 3000 points during the morning trading hours on Thursday, which was the first time in two months. The increase slightly contracted in the afternoon so that the index closed at 2985.86 points, up 0.96 percent. The Shenzhen Component Index climbed 0.86 percent to close at 9783.50 points. The ChiNext Index in Shenzhen reported a daily gain of 1.18 percent to close at 1689.05 points.

The TransContainer Freight Forwarding (Shanghai) Co Ltd, a wholly owned subsidiary established on Tuesday at the China (Shanghai) Pilot Free Trade Zone, will serve as the Russian company's headquarters in China, and focus on port transportation.

The State Grid, a State-owned Chinese utilities company, is the highest new entry on the list, claiming 19th place with a brand value of .9 billion.

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The Shenzhen Component Index picked up 2.34 percent, closing at 9,134.96.

The Shanghai-based company, founded in 2004 with registered capital of 846 million yuan, has developed a national footprint with 25 branches and 93 sub-branches covering 20 provinces and regions.

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The Times took what it called the rare step of publishing an opinion column by the official under an agreement to keep the author's name secret. It said the senior administration official's job would be jeopardized by its disclosure.

The State Council is reported to be considering a plan to convert the substantial non-tradable stock held by the big shareholders of Hong Kong-listed mainland firms into ordinary shares that can be sold and bought on the secondary market.