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Angelo Giuliano, a Swiss financial consultant who has lived in Hong Kong for three years, echoed Janssen's sentiments, saying that Washington's sanctions against Hong Kong are a big mistake, as the trade balance between the two places has always favored the US.

An overwhelming focus on tougher sanctions and greater pressure on Pyongyang will "lead to losing a hard-won chance, possibly worsen the standoff among parties concerned and sabotage efforts in promoting peace and talks", Foreign Ministry spokesman Geng Shuang said on Friday.

Analysts said Sinopec's continuous lead has mostly to do with the steadily growing demand for chemical products in the country and the company's adjustment to the country's stringent environmental regulations.

And CRRC has great cost advantages in product development and production, based on its rich experience in China's large domestic market.

Analyst Kang Hui, however, said when fuel prices rise, home prices travel south generally. "The NBS data is a bit lagging as it is collected after the deals are completed, and the August data also showed top-tier cities' home prices are much more stabilized than those in lower-tier cities."