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Analysts at GF Securities said that foreign securities firms in China have the advantage in areas including derivative trading, asset management and wealth management services over local players. But it is challenging for foreign firms to compete in the onshore securities brokerage and underwriting business in the short run given that they may face limited market channels and higher capital constraints.

And that mutually beneficial momentum can be only maintained if there is the political will and wisdom to do so, especially with the international situation at a historically tricky and critical moment.

An undated handout made available by the Livingston Parish Sheriff's Office of Dakota Theriot, in Louisiana, US, issued January 26, 2019. [Photo/IC]

Analysts say the rapid growth is expected to further fuel Hongqi's efforts to reshape its brand, deliver innovation in styling, and accelerate research and development of products and technologies.

Analysts said China's fast expanding residential property leasing market requires more measures and more enterprises to participate.