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Analysts from Essence Securities said in a note that the A-share market is approaching the tipping point at which it transitions from a bear market to a bull market. Although the price earnings ratio has been up from that registered at the end of last year, most of the industries are still undervalued. Therefore, there is still room for further pickup of A shares in the long term.

An unidentified ROK government source was quoted by Yonhap as saying plans for the joint ROK-US military exercises in the first half of this year would be announced after the second DPRK-US summit.

An said any attempt to politically manipulate or use the case to smear the mainland's political and legal system would prove futile.

Analysts believe that the Chinese smartphone market will see a reshuffle as smartphone consumption slows down as almost all Chinese own at least one mobile phone.

Analysts said the Ora brand will help Great Wall Motor to cut the overall fuel consumption of its SUVs and meet China's demand that carmakers must amass credits for their new energy vehicles, equivalent to 10 percent of annual sales by 2019 and 12 percent in 2020.