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Analysts from China International Capital Corporation Ltd wrote in a report that companies with their business focused on upgraded consumption and new economy are likely to show strong performance in the mid- to long-term.

Analysts say commercial space activity could help lower costs and increase the efficiency of space activities, and accelerate technology development.

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Analysts said more measures for steady and stable growth of the housing market are likely to be introduced across China, and more supply models for meeting various housing demands also will be found as the country vows to offer inclusive housing conditions to residents nationwide.

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.