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And, he's not far off the mark. It was indeed his innovation for knowledge and success that prompted Chang — one of Hong Kong's financial services top brass — to quit the trust business arena where he had made his name and tap into the mutual fund market, joining Franklin Templeton's Hong Kong office some 18 years ago.

Analysts from Everbright Securities said in a report that the country's new Securities Law, which took effect on March 1, has come up with more severe punishment for fraudulent measures. This is also a crucial preparation for the introduction of T+0 settlement.

Analysts believe the moves were made to stabilize market expectations as liquidity demand could increase due to taxes and required reserves as well as more maturing securities.

Analysts said Huawei's years of research in telecommunications, especially 5G, would give it a head start over competition. After all, it is impossible to have fully autonomous vehicles without 5G, which is essential in enabling superfast internet speeds and real-time data analysis.

And more than 200 enterprisers from both sides are attending the fair which covers an exhibition area of more than 11,300 square meters in Guangzhou Poly World Trade Expo Center to seek opportunities for expansion of cooperation and trade.