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And as the world grapples with the deadly novel coronavirus pandemic that essentially keeps people indoors, sucks the life out of physical stores and disrupts normal marketing campaigns, livestreaming in China is also helping affected areas revive business and expedite the digital transformation of several sectors and transactions.

Analysts said that as a result, the Shanghai and Hong Kong-listed brokerage could expand its current services as an information consultant to selling derivatives and bonds from the mainland and Hong Kong markets to South Korea's institutional investors.

Analysts said the committee of China Securities Regulatory Commission (CSRC) which oversees new offerings, is more focused on specific conditions of different applicants.

An online influencer named Liushen Leilei wrote on WeChat that what Yuan had deleted were vivid descriptions that abounded in details, which should not have been deleted. The passage got more than 100,000 views and 65,000 likes.

An opening ceremony of the 5th China Changchun World Sculpture Conference is held on Sept 7, 2017, in Changchun, capital of Jilin province. [Photo/provided to chinadaily.com.cn]