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Analysts from Beijing-based market tracker Qimingpian wrote in a survey released in April that Chinese food and beverage companies, especially those with a larger domestic market share, have accelerated mergers and acquisitions in overseas markets. Chinese companies carried out at least 31 major overseas mergers and acquisitions between 2013 and 2018.

Analysts said increasingly fierce competition will put extra pressure on CATL as the government stops providing subsidies on Chinese companies by the end of 2020, which may mark the start of international battery makers' onslaught for a larger market share in China.

Analysts believe extraction of combustible ice is technically feasible but will take some time to become economically feasible.

And since he first arrived in the village in 2016, more and more residents of Yugouliang are attending his daily yoga sessions.

Analysts on average expected operating profit of ,387 per share, according to Thomson Reuters I/B/E/S.