Although freight charges dropped slightly after Lunar New Year, the unexpected Suez Canal blockage in March after one of the world's largest container ships got wedged there following a sandstorm, caused a new round of capacity shortages and higher freight costs, a report by the Shanghai International Shipping Institute said.

Hong Kong-listed CC Land Holdings Ltd, controlled by property magnate Cheung Chung-kiu, one of the biggest real estate players in Chongqing, said in an announcement on Monday that one of its subsidiaries bought 122 Leadenhall Street, known widely as the Cheesegrater for its distinctive wedge shape.

Fang also recommended that the Hong Kong-Shenzhen Innovation and Technology Cooperation Zone, wedged between the two cities, should be used as a "free technology port".

Indeed, the new sedan created under the guidance of Chief Designer Claus Luthe combined sporting elegance and flowing lines with a distinctive wedge shape.

Political rhetoric does not change the fundamentals of these companies and the uncertainty of the HFCAA bill simply drives a wider wedge between stock prices and the underlying assets.