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Analysts predicted the market will recover over a period of time, as investors await further concrete improvements.

Andru Edwards in the KIRO-FM studios. (Erynn Rose photo)

Analysts from Qianhai Alliance Asset Management said that the leading price-to-earnings ratio of the A-share market was at 15.5 times when the market closed on Friday, which was already at the bottom level based on historical data. In this sense, the valuation is quite attractive and investors could look for opportunities in leading companies in pharmaceuticals, consumption, technology, financial and infrastructure industries.

Analysts said that authorities move to ban ICOs is not surprising given that ICOs, with strong liquidity and great risk exposure, have little positive influence on and relevance to the real economy, and it may be the start of further strengthened regulation over crypto-coin trading in the market.

And while The Spheres will have capacity to hold more than 800 people, non-Amazonians who have watched with curiosity as the project takes shape won’t have daily direct access to the inside. But next year the general public can get in by signing up online for one of Amazon’s campus tours, on which The Spheres will be a stop, Schoettler said.