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"Even if the whole market attracts new capital, some low-quality stocks may be hurt by the diversion of funds from the existing boards," said Li Ye, an analyst with Shenzhen-based Great Wall Securities.

"ESG could actually bring financial benefits to investors. According to an empirical research, in China's A-share market, stocks with higher ESG scores have outperformed those with lower ESG scores in terms of return rate by more than 10 percentage points in the past two years. It is also the case after the COVID-19 pandemic," Wang added.

"During the past years, courts at various levels across the country have handled foreign-related commercial and maritime cases justly and effectively," said Zhou Qiang, president of the Supreme People's Court, ahead of a relevant working conference.

"During Spring Festival, when members of a family get together, we feel that reunion is happiness and unity is strength," Xi said at a gathering on Feb 14, two days ahead of Spring Festival.

"Establishing their own wealth management subsidiaries is one of the steps taken by banks to make a transition in terms of asset management. What is more challenging for the reform is how the customers will react to the switch of wealth management products from the expected returns model to the net asset value model, which does not guarantee the return of principal and interest," he said.