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Analysts said the big fall is the market response toward the meeting convened by the Political Bureau of the Communist Party of China Central Committee on Monday, which said it would resolutely solve the irregularities in the property market, apply policies in accordance to local conditions, seek a supply and demand balance, and accelerate the establishment of a long-term and effective system for promoting the healthy and stable development of the real estate market.

Analysts believe Chinese companies' cost-control abilities provide advantages in exploring clean energy markets abroad.

And it’s no surprise that AWS once again kept Amazon.com out of the red during the quarter, a trend that dates back a while. But its operating profit of .2 billion jumped 36 percent compared to the previous year, showing that competitive pressures and the massive investments required to maintain a world-class cloud computing platform aren’t taking a toll on its bottom line.

Analysts estimate that Apple will cut orders to Foxconn by 20 to 30 percent, mainly due to weak demand for the iPhone XR and XS Max. Media also reported Foxconn aimed to cut 20 billion yuan from its expenses this year as it faces a very difficult and competitive year.

Analysts said the remarks demonstrate that the current trade situation has "limited" impact as the group of Chinese companies have been determined in beefing up their core technologies.