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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.

Andy Wang, the CEO of StarTimes Kenya, delivers a speech during the hand over ceremony. [Photo by Liu Hongjie/chinadaily.com.cn]

Analysts expect the bank to reduce rates by a quarter point this week

Andy Rothman, an investment strategist at San Francisco-based investment firm Matthews Asia, wrote in a recent analysis that China's V-shaped economic recovery continued for a fourth consecutive month in June, led by strong domestic demand.

And the sharing was no accident.