Shen Meng, director of boutique investment bank Chanson & Co, said the revamp will stimulate the vitality of the different business units and further unlock the valuation potential of the units by allowing them to raise capital and go public separately.

精品投资银行Chanson&Co董事沈萌表示，改造将激发不同业务部门的活力，并通过允许它们单独融资和上市，进一步释放这些部门的估值潜力。

Shen Meng, director of investment bank Chanson & Co, said Didi resuming registration of new users is a positive signal that the company is returning to the market.

投资银行Chanson&Co董事沈萌表示，滴滴恢复新用户注册是公司回归市场的积极信号。

Shen Meng, director of boutique investment bank Chanson and Co, said delisting marks an important step forward for Didi to resume its normal operations.

精品投资银行Chanson and Co董事沈萌表示，退市标志着滴滴恢复正常运营向前迈出了重要一步。

The COVID-19 pandemic and downward economic pressure are weighing on internet companies, said Shen Meng, director of boutique investment bank Chanson & Co, adding as the representative of new technologies, internet companies should push forward innovation in technological R&D and expand application scenarios of emerging technologies.

精品投资银行Chanson&Co董事沈萌表示，新冠肺炎疫情和经济下行压力正在给互联网公司带来压力。他补充道，作为新技术的代表，互联网公司应该推动技术研发创新，扩大新兴技术的应用场景。

Shen Meng, director of boutique investment bank Chanson & Co, said that after the secondary listings in Hong Kong, more Chinese mainland investors will be able to invest in and receive dividends from listed enterprises through the stock connect programs between the mainland and Hong Kong.

精品投资银行Chanson&Co董事沈萌表示，香港二次上市后，更多的中国内地投资者将能够通过内地与香港的股票通计划投资上市企业并从中获得红利。

Shen Meng, director of boutique investment bank Chanson and Co, said Didi has a dominant presence in China's ride-hailing market.

More Chinese mainland investors will be able to make investments and get dividends from enterprises that are listed in Hong Kong, which has opened its arms to fast-growing technology companies, said Shen Meng, director of boutique investment bank Chanson& Co. Shen said Kuaishou has taken the lead in exploring the monetization model for the short video industry, and made breakthroughs in profitability.

Shen Meng, director of boutique investment bank Chanson and Co, said Lenovo has maintained growth over the past year, but the Hong Kong stock market may have undervalued the company.

Shen Meng, director of boutique investment bank Chanson & Co, said after the secondary listings in Hong Kong, more Chinese mainland investors will be able to make investments and get dividends of listed enterprises through the stock connect programs between the mainland and Hong Kong.

Shen Meng, director of boutique investment bank Chanson & Co, said Hubei is an ideal place for internet giants to invest.

Liu remains JD's actual controller," said Shen Meng, director of boutique investment bank Chanson& Co. Shen said Liu is in need of new successors to push forward JD's businesses, in consideration of his personal situation, just as at Microsoft, where Bill Gates appointed Steve Ballmer as his successor.

"Shen Meng, director of boutique investment bank Chanson & Co, said Liu's case won't change his actual control over JD, which is now making some innovations to reassure investors.

If Liu, as the actual controller of JD, was judged to be guilty, the daily operation of JD would be severely affected," said Shen Meng, director of boutique investment bank Chanson& Co. Liu owns 15.5 percent of JD's stock and controls nearly 80 percent of the company's voting rights.

Shen Meng, director of boutique investment bank Chanson & Co, said: "If Liu, as the actual controller of JD were judged to be guilty, the daily operation of JD will be heavily affected.

Shen Meng, director of boutique investment bank Chanson & Co, said as a US-listed company, the statement from JD is not professional and if the company is really involved in issuing materially misleading business information to the investing public, it might be punished severely or even be delisted from the US bourses.

Sentiment has largely been cautious and there has not been much room for investors to leverage their holdings," said Shen Meng, director of boutique investment bank Chanson & Co. Shen said that Xiaomi's plans to defer the CDR issue will not have any long-term impact or determine the course of its HK float.

Thus the planned issuance may not be helpful for the firm's overall plan in the capital market," said Shen Meng, director of boutique investment bank Chanson & Co.

Meanwhile, Leshi's right of speech in New Leshi Smart Home will be lowered greatly in the future," said Shen Meng, a director of boutique investment bank Chanson& Co. Shen said Leshi has some value in TV design and manufacturing, and the new investors such as Tencent, JD and Suning have mastered abundant content resources, they need more terminal devices to broadcast their contents.

It is easy for Sun to gain back the loss from other businesses and it is not necessary for him to trap himself in Leshi's cash crunch," said Shen Meng, a director of boutique investment bank Chanson& Co. "We don't exclude the possibility that Leshi will introduce new investors and new capital will be injected into the company.

Shen Meng, director of boutique investment bank Chanson & Co, said it is difficult to stem the decline of Leshi even though new capital and assets have been injected into the company.

Shen Meng, director of boutique investment bank Chanson & Co, said Sun's stance indicated that his investment in LeEco was a failure and he had given up the idea of saving Leshi within a short time frame.

Shen Meng, director of boutique investment bank Chanson & Co, said a slump in Leshi's share prices has definitely been settled since the company resumed trading on the Shenzhen Stock Exchange.

Shen Meng, director of boutique investment bank Chanson & Co, said though Gan's statement seemed to absolve the responsibility for Jia, she has not come up with any real solution to problem, other than seeking "sympathy from the public.

"Although Jia failed to fulfill his obligations, bearing the moral duties, the calls from the regulator will not bring about actual pressure on the head of the tech conglomerate, and the regulator also has no coercive means to repatriate him," said Shen Meng, director of boutique investment bank Chanson & Co, adding Jia is not the first case.

"For these two groups, halting trading of all their listed subsidiaries signals the possibility of internal resources integration and mixed-ownership reform, such as employee stock ownership plan (that) might be prepared and conducted," said Shen Meng, director of boutique investment bank Chanson & Co. Li Jin, chief researcher at the China Enterprise Research Institute in Beijing, said: "China will continue to reinforce the integration between similar businesses and take advantage of leading industry players.

"Shen Meng, director of Chanson & Co, a boutique investment bank, said as a listed company with core technologies and resources, Moutai has a constantly growing demand for professional personnel.

Shen Meng, director of boutique investment bank Chanson & Co, said LeEco has been suffering from a number of setbacks, which considerably diminished investor confidence.

Shen Meng, director of boutique investment bank Chanson & Co, said it would be possible for Jia to unfreeze his Leshi stocks through negotiations with banks.

Shen Meng, director of boutique investment bank Chanson & Co, said the latest incident underlines that LeEco's cash flow problems are worsening, despite a 16.8 billion yuan investment from real estate developer Sunac China Holdings and other investors at the beginning of the year.

"BYD's share price could come under pressure due to the move over the short term, but it does not mean that Buffett's fundamental judgment on the company has changed," said Shen Meng, director of boutique investment bank Chanson and Co. "Driven by the popularity of new energy concept stocks in China, BYD's share price has been pushed relatively high, thus Buffett's reduction can be interpreted as a response to price fluctuations.

"Shen Meng, director of the investment bank Chanson & Co, said countries around the world are making tougher regulations against data breaches, as data security is now a key part of national security and data assets are considered to be just as valuable and essential as oil and electricity.

Shen Meng, director of boutique investment bank Chanson and Co, said the new rule has relaxed the cybersecurity reviews requirement for IPOs carried out by Chinese mainland technology companies in Hong Kong, which is expected to draw these companies and those previously listed in the United States.

Shen Meng, director of boutique investment bank Chanson & Co, said that after the secondary listings in Hong Kong, more Chinese mainland investors will be able to make investments and get dividends of listed enterprises through the stock connect programs between the mainland and Hong Kong.

"Shen Meng, director of boutique investment bank Chanson& Co, said it cannot be ruled out that Sogou will explore a listing on the science and technology innovation board or the STAR Market after privatization, in an attempt to get a higher valuation and more capital resources.

Shen Meng, director of boutique investment bank Chanson& Co, said more Chinese mainland investors will be able to make investments and get dividends from enterprises that are listed in Hong Kong.

Shen Meng, executive director of Chanson Capital, said the short duration of Zhong as the richest man in China ended after share prices declined later on Tuesday and is reflection of the fact that investors are aware of the bubbles in share valuations.

Shen Meng, director of boutique investment bank Chanson & Co, said positioning is key.

"Shen Meng, director of boutique investment bank Chanson & Co, said the new investment will be the most effective way for Evergrande to enter the new energy vehicles sector, drawing the eye of the whole of society.

"Facebook's privacy scandal shows that some US technology companies sacrifice their users' interests to meet the demands of political intervention and manipulation both at home and abroad," said Shen Meng, director of boutique investment bank Chanson & Co. "Chinese big data companies are continuously improving their users' information protection systems," Shen said, adding that tech companies should build firewalls internally to isolate direct links between user data collection departments and other operating departments.

It then started an acquisition carnival, looking for targets all over the world, in the hope of joining the ranks of global chip giants such as Intel Corp, Qualcomm Inc and Samsung Electronics Co. Shen Meng, director of boutique investment bank Chanson & Co, said it was a natural move for Tsinghua Ungroup to partner with Legend Holdings in the chip industry.