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"Companies should be taking advantage of today's market conditions to reassess their portfolio vulnerabilities and divest assets that are not part of their future growth strategy," said Alex Zhu, EY's China North Transaction Advisory Services Leader.

"China's e-sports industry is about to witness a market boom in 2017 and the market competition will become even more intense," said Zhou Zhaoning, an analyst at IDC China.

"Content homogenization and intellectual property infringements are among the top reasons why users and investors have shown a higher level of rationality toward the once-explosive sector," said Liu Shijie, an analyst at consultancy iMedia.

"China, together with the international community, will comprehensively and completely implement relevant resolutions of the Security Council on the DPRK, unswervingly push forward the denuclearization of the peninsula and unswervingly safeguard peace and stability on the peninsula," it added.

"Chinese companies have gained an upper hand in large-screen LCD displays. South Korea's Samsung and LG have announced they will exit from the LCD sector, which means Chinese panel makers will take a dominant position," said Li, adding that the South Korean firms will focus on OLED and QLED(quantum dot light-emitting diode) displays.