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Apart from establishing offline recycling company, TCL is exploring new recycling methods, helping improve recycling efficiency, as well as establish a global recycling system.

Another batch of the materials will arrive in Egypt soon, and a third batch is under coordination between the two sides.

Ant Financial Services Group, Alibaba's financial arm, acquired a controlling 51 percent stake in Cathay Century Insurance Co Ltd in 2016.

Anta Sports Products Ltd posted strong half-year results underpinned by the strong growth of its fashion sports brand Fila, reorganization efforts to improve efficiency and the booming sports industry in the country.

Another Chinese company ZET ranked fifth with a 4 percent share of Russia's smartphone shipments market in the second quarter of this year.