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Goldman Sachs analysts said the S&P 500 and the VIX have moved higher recently, suggesting conventional expectations may have been overturned since a rising S&P index typically indicates a steady market, in contrast to a high VIX reading.

Google's search, YouTube, reviews, maps and other businesses, which are largely free to consumers but financed through advertising, have catapulted it from a start-up to one of the world's richest companies in just two decades.

Going forward, BDA is targeting total output of 600 billion yuan for industrial companies that each expects annual revenue to surpass 20 million yuan mark by 2020.

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Govt official says technology is helping to boost the efficiency of manufacturing

Goldman Sachs also talked up Chinese shares, saying the MSCI inclusion changes A shares from "nice to have" to "have to have" for global investors.

Gome's rivals, including Suning, JD.com, and Tmall, previously pushed out their operations to increase interaction with customers.

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Gu Shu, vice-chairman and president of Industrial and Commercial Bank of China Ltd, said the country's largest State-owned commercial lender by assets will improve the level of services it provides to the manufacturing industry in the second half of this year.

Gold bars on display at a jewelry store in Taiyuan, Shanxi province, July 28. [Photo/VCG]

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Growth in the United States and China, the world’s two largest economies, were both estimated to be dampened by the escalating trade tensions, with China’s projection for 2019 shaved by 0.2 percentage point to 6.2 percent.

Google launched its own version of wireless earbuds called Pixel Buds last year. Samsung just rolled out its Galaxy Buds. Other competitors include Sony and Jabra.