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Analysts said that specific to the NEV industry, the rate of capacity utilization may be much lower.

Analysts said the weak data may prompt the Federal Reserve to consider further reducing interest rates.

Analysts said the tax cuts and more proactive fiscal and monetary policies will help stabilize GDP growth of the world's second-largest economy next year.

Analysts said government support for entrepreneurship and innovation has provided a major boost for tech firms and startups and allowed them to survive and thrive amid downward pressures on the broader economy.

Analysts from Ping An Securities said the new tech board will serve as an important reference point for other technology companies listed in other bourses.