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Anta in recent years has expanded its brand portfolio including FILA, Descente, Sprandi and Kingkow, Kolon Sport and NBA.

Another reason for London-listed Chinese companies to delist is that due to waning market confidence, the stock price of their companies becomes too low to keep the listing meaningful.

Apart from the new US sanctions, looming US-South Korean annual military drills have been seen as a threat that may dampen the recently generated positive momentum.

Anxiety stemming from issues with housing, education, healthcare, employment, excessive exposure to social media, and identity crises, particularly for those of a lower social status, have stoked unhappiness among the Chinese.

Apart from signing a number of business contracts with China's SOEs such as China National Chemical Corp and China Eastern Airlines during the third CIIE, Honeywell International Inc, a US-based industrial conglomerate, is planning to either expand production lines or better optimize resources of its 21 plants in China, in order to enhance productivity and serve customers in a more efficient manner, said Scott Zhang, president of Honeywell China.