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Another expected outcome of the Kenyan president's visit to Shanghai will be the signing of an MOU for the establishment of a trade negotiation working group whose mandate will be to negotiate trade tariffs especially on Kenya's tea and coffee exports to China as well as explore additional market for the country's cash crops.

Another star that has transcended the "boring" classification is China Molybdenum Co, which at one point focused on a metal used to toughen steel, but now enjoys a new-economy style valuation, thanks to its holdings of cobalt, which is essential for electric vehicles.

Apart from the opportunities created by the Belt and Road Initiative, another major trend in the asset management industry in the Asia-Pacific region is the further opening-up, which will be exemplified by mutual recognition of financial products between different countries and regions, according to the report.

Ant Financial Services Group, the company behind the popular payment app Alipay, is extending its tentacles to Bangladesh through a partnership with a local mobile financial service provider, another step toward its globalization goal of serving 2 billion users within 10 years.

Apartment buildings and mountains peek through the fog in Xishui county, Guizhou province, on Sunday. [Photo by Luo Jin/for chinadaily.com.cn]