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Analysts believe the tax exemption is a bonus for the much anticipated launch of crude oil futures in the country.

Analysts from Shanxi Securities further explained that the leading Chinese home appliance-makers have accelerated their overseas mergers and acquisitions.

Analyst Michael Pachter of Wedbush Securities said Facebook is lucky the data apparently has been used only for political ads and not more nefarious purposes.

Analyzing the reasons behind the weekslong anti-government protests, Tung said that due to the long-term impasse in livelihood issues such as housing problems and a widening income gap, some young people could not envision their future and thus choose to vent their anger through "street politics".

Analysts said liquidity conditions will likely remain tight in China as the authorities will continue with a prudent monetary policy to curb financial risks and asset bubbles, which means the fundraising cost for domestic companies will stay at a relatively high level. They added that the expectation of a stronger yuan will also encourage more companies to raise dollar-denominated bonds in overseas markets.