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Analysts have mixed views on the deal. Lincoln Kong from Goldman said Tsingtao would see benefits from collaboration with Fosun in areas including export business, premium branding and management incentives.

And Jin Yong said that from reading Ling’s works, he believes Ling was a typical Northern guy, generous and forthright, humorous and kind-hearted.

Analysts said that Xi's remark showed that the leadership expects highly of the board, the role of which should be further elevated to help boost the country's technological progress and high-quality growth.

Anargul Sultan, a member of the Uygur ethnic group from Inat village in Wushi, used to live by farming. Recently, she opened the first barbershop in her village.

Analysts are making some big predictions for Amazon acquisitions in 2019. Susquehanna analyst Jack Micenko suggested Amazon should acquire Redfin, the Seattle-based online real estate brokerage, to get access to its “troves of data” in real estate, an area in which Amazon has been showing more interest in recent years.