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Analysts attributed Chalco's good performance to cost control and proper handling of "zombie enterprises".

Analysts said some SOEs in the energy and heavy industry sectors suffer from overcapacity, and the integration will help reduce overcapacity and take advantage of both companies' strengths and resources.

And judging from the acts of the extreme insurrectionists who have defaced the national emblem and insulted the national flag, the ultimate ambition of some of the agitators is actually to champion Hong Kong separatism.

Analysts said China is now transforming from the phase of rapid development to a new stage of high-quality development and shifting its focus to nurturing technological innovation and further opening up its economy.

Analysts believe the central bank would prefer mid- to long-term policy tools over reverse repos, which boost liquidity in the banking system within a short period of time, as it faces a major task in reducing costs of long-term financing.