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Together they will fully protect the legitimate rights and freedoms of Hong Kong residents, it said, adding that it hopes people from all sectors in Hong Kong will fully support the national security office, committee and other government agencies to jointly safeguard national sovereignty and development interests, maintain Hong Kong's long-term prosperity and ensure the steady progress of the "one country, two systems" principle.

Toward the end of 2017, Renren, unfazed by WeChat's dominance, made a bold move. Using blockchain technology, it issued its own cybercurrency RRcoin in the form of private equity or PE in China. Following the move, shares of Renren surged 76 percent to .99 on Jan 5, 2018 on the New York Stock Exchange.

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Tramcars in Hong Kong with drawings of Bruce Lee are used to commemorate the kung fu master's birth. [Photo/IC]

Trade leaders in Hong Kong slammed a new US rule that demands Hong Kong relabel its exports to that country as being from China, saying the rule disregards international trade agreements and norms, and is destined to backfire as the US currently enjoys its largest trading surplus with the city in years.

Trade policy should stay open so medical and other supplies are available to all countries, as well as facilitate the region's rapid economic recovery, it said.

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Transaction volume hit 100 billion yuan in one hour, three minutes, 59 seconds. The figure amounted to 213.5 billion yuan - last year's total sales - as of 4:31 pm Monday.

Toshiyasu Iiyama, executive vice-president of Nomura Securities and chairman of its China committee, said that the newly approved foreign-controlled brokerage is scheduled to start operations by the end of this year.

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TransContainer ships 3,000 FEU containers from China to Russia each month by sea.

Trade between China and Russia jumped 26.2 percent year-on-year to .7 billion dollars in the first four months of 2017, according to China's General Administration of Customs.