The smaller Shenzhen index was up 0.79%, the start-up board ChiNext Composite index was higher by 1.4% and Shanghai's tech-focused STAR50 index was up 0.84%?.
"Rakuten could receive significant help from the expert in logistics services," Jefferies analyst Hiroko Sato wrote in a note, referring to Japan Post, which operates 24,000 post offices nationwide.
Liam Zhou, founder of Shanghai-based Minority Asset Management, recommended buying Chinese banking stocks, citing the sector's low valuation and reduced risks due to the government's deleveraging campaign.
Pony Ma will make the proposal at the National People's Congress (NPC), which starts on Friday, the report said.
China's market regulator on Wednesday fined five community group-buying platforms, including one company backed by Tencent, for what the watchdog said was "improper pricing behaviour".
Bitcoin was also struggling to push past $50,000 after this week's rally that came on the back of news that Elon Musk's electric carmaker Tesla had invested $1.5 billion in the cryptocurrency.
In one case, an employee in its game publishing division sought benefits for outside parties and obtained kickbacks from them, Tencent said in the name and shame post.
Executives of state-owned enterprises, officials of the Chinese Communist Party and military, along with oil giant CNOOC will face new restrictions for allegedly using coercion against states with rival South China Sea claims.
While Trump touted a trade deal between the rival nations, relations between Washington and Beijing soured last year over China's handling of the deadly coronavirus and its crackdown on freedoms in Hong Kong.
Jacques Cremer, a professor at the Toulouse School of Economics in France, said it is "normal" that Facebook, Google or Twitter "use the data they have on me to show me ads".
State media have repeatedly called for tighter oversight of these firms, warning of potential financial instability as a result of their unregulated rapid growth.
While its revenue rose to 7.58 billion yuan ($1.15 billion) in the third quarter ended Sept. 30 from 6.51 billion yuan ($910 million) last year, paid subscribers in the company’s online music service jumped 46% to 51.7 million.