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"Everyone in the industry seems to be anxious at the moment. Each time there is news about a scandal or a business shutdown, it is a blow to investors' confidence. A single case could lead to a chain reaction that causes liquidity risks for platforms including well-established ones," said an executive of an online lending platform who asked not to be identified.

"Diaz-Canel's main challenge is to straighten out the economy for Cubans to have better salaries and reduce financial problems," said Yariel Lugo, a Cuban private worker.

"Ensuring effective transmission of the monetary policy has always been a challenge for policymakers. At present, a targeted policy approach seems to be the most effective way to do that," said Bloomberg's China economist Qu Tianshi.

"During the peak period for holiday travel, tourists will need to arrange their plans reasonably and be on alert for cold air," Zhu said.

"Every 100 Chinese households in rural areas owns 43.8 units of air conditioners, while each (group of) 100 urban families has 124 units. In Japan, every 100 households owns 272 units of air conditioners, so China's air conditioner market still has a lot of room to grow," said Yang Jie, general manager of industry consultancy ChinaIOL, adding the rural and urban markets show different demand characteristics.