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As the first issuer to take advantage of Hong Kong's new rules on dual-class shares, Xiaomi's IPO price is on the low end of the expected range — HK to HK — it had earlier set, which makes its initial aim of raising billion, as earlier reported unmet. The valuation of the company after listing will be far below 0 billion, CNBC reported.

As the most active and fastest-growing investor in Egypt in recent years, China has so far invested more than 7.5 billion dollars in Egypt, he noted.

As the monthly immigration rate in May reached its highest point in a decade, and as a result Trump threatened to impose a general tariff on Mexican imports, Mexican President Andres Manuel Lopez Obrador promised to "take unprecedented steps" to increase enforcement to curb irregular migration.

As the sixth-largest economy in the world, ASEAN is now finalizing regional comprehensive economy partnerships with six free trade area counterparts, China, Japan, Korea, Australia, New Zealand and India. This would add up to over half of the world's population, and in turn bring huge opportunities, he added.

As road conditions improve, traffic jams are now common, and most often they are not caused by bad weather or geological hazards. There are simply too many vehicles, cyclists and hikers.