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Another 22 cities, including Beijing, will join 13 cities that have already established national pilot zones for cross-border e-commerce, a move that experts and industry insiders said will help boost foreign trade via digital platforms.

Ant Group set the price at 68.8 yuan (.27) per share for the Shanghai tranche of its dual share-floating plan, the company said in a filing to the Shanghai Stock Exchange on Monday.

Another group held up flags up as they climbed two of the city's most famous mountains – Lion Rock and Victoria Peak.

Another focus of the reform is to develop a corporate legal person governance structure with effective checks and balances and establish a flexible and efficient market-oriented management mechanism. The reform to introduce a shareholding system into the central SOEs will be pushed forward, and investors of various types will be brought in to enable stock rights diversification.

Another function is the "merchant circle", which bundles together traders whose businesses are near one another. After a purchase is made at one shop, a user will receive vouchers for other nearby outlets to encourage continued spending.