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And its high-quality education resources and fast growth are also seen as favorable factors, the report said.

And another surprise: Amazon introduces Echo Loop, a smart ring for 9.99. It comes with a speaker and mic as well.

And Hong Kong-based FWD Group, owned by tycoon Richard Li, is also in the process of obtaining regulatory approval for a majority-owned China insurance joint venture, according to a separate person with knowledge of the matter.

And while it remains to be seen whether Amazon can ever truly figure out how it wants to sell groceries — besides ALL the ways — the tech giant is certainly building off its digital foundation. And it took a big step toward acquiring a whole lot of data to help in the groceries endeavor on Friday.

Analysts attribute jump to weighting increase of A shares in MSCI indexes