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Angie Chai, producer [Photo provided to China Daily]

Analysts from TF Securities wrote in a note that horse racing and large international sports events should be the two areas that are likely to see rapid development following the announcement of the central authorities' plan. While taking Shanghai (China) Pilot Free Trade Zone－the first of its kind in China－as an example, Hainan still lags behind in terms of the contribution of wholesaling and retailing to local GDP. In this sense, companies related to these two sectors in Hainan will have much room to grow, according to the note.

An online vigil will give Canadians a chance to come together virtually to pay tribute to the victims. The three-hour vigil called "Nova Scotia Remembers" is scheduled to be livestreamed on Facebook and YouTube on Friday starting at 7 pm local time (6 pm EDT).

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.

Analysts at Morgan Stanley announced on Tuesday that they were downgrading the company – adjusting their price target down from 3 per share to 0 per share. While Netflix was one of the fastest growing stocks on the S&P 500 last year — up 312 percent — ?Morgan Stanley thinks that new factors this year will stifle the online streaming company’s growth.