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Ant did not disclose the size of its planned listing nor the timing. But the Hangzhou-based company is targeting a valuation of more than 0 billion, according to sources quoted by Reuters.

Apart from existing brands, Anta will continue to seek high-end international sportswear brands with strong growth potential to meet the sportswear need of its customers and fill the gaps between different market segments.

Any trade war will affect millions of workers in hundreds of real and varied places, and ultimately produce unexpected ramifications for local communities in the United States.

Apart from Hong Kong's well-established legal system, it has a solid infrastructure, a sound banking system, free flow of capital, low tax rates, and a highly regarded regulatory regime, he explained.

Annual photovoltaics generation capacity, via solar energy, reached 118.2 billion kWh, up by 78.6 percent compared with a year earlier. Biomass power generation capacity reached 79.4 billion kWh on an annual basis, up 22.7 percent from a year earlier.