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Analysts from Pacific Securities wrote in a note that consumer companies have been undervalued since the A-share meltdown over the past few years. But overseas investors usually hold a positive outlook for these companies and hence are investing in their shares.

Analysts said the remark demonstrates that Huawei remains cautious toward the US government and is determined to beef up its core technologies no matter how the situation develops.

And they enjoy a range of hobbies and interests that influence their life choices, according to a survey by City Zine magazine and the country's IT giant Tencent released last month.

Analysts said the much-anticipated revision will make the SCI less volatile and more effective in reflecting the market performance of Shanghai-listed firms, as part of the nation's ongoing efforts to spur a healthy development of the equity market.

Analysts said that they suspected the utilities had responded to the latest call on reform by the authorities and halted share trading, because the coal and electricity giants were holding merger talks.