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As Chinese property developers are flocking to issue offshore bonds, the nation's top regulator has stepped up efforts to prevent financial risks and stabilize the real estate sector, said experts.

As Chinese companies become involved in building projects overseas, it is important for them to take the initiative to shoulder social responsibilities, he said.

As Foliday's first tourism destination project, Atlantis Sanya was officially opened in April 2018. According to Foliday's 2019 fiscal results released on March 17, sales revenue of Sanya Atlantis went up 74.2 percent year-on-year to reach 1.31 billion yuan last year.

Apple also announced a new videogame subscription service will cost a month when it rolls out on Sept 19. Called Apple Arcade, the service will allow subscribers to play more than 100 games selected by Apple and exclusive to the service.

As China's financial market has experienced considerable fluctuations recently, regulators' attitude to encourage insurance funds to get involved in the long-term investment is becoming more and more obvious and measures to guide long-term funds such as insurance funds into the market are accelerating.