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Analysts said Huawei's years of research in telecommunications, especially 5G, would give it a head start over competition. After all, it is impossible to have fully autonomous vehicles without 5G, which is essential in enabling superfast internet speeds and real-time data analysis.

Analysts say that ESOPs have become the buyers because they can absorb large amounts of stock, and purchases by ESOPs are often seen as a positive indicator of a company's prospects.

Analysts say strong overall demand has been firing up production. "Overall, the PMI data suggested recovery momentum has more or less stayed," chief China economist at UBS Wang Tao told Bloomberg on Monday.

And Qing embroidery has found interest in such countries as the United States, France and Japan.

An overhaul of the two sites was requested and their operators asked to deliver a written report on their rectification and improvement, the administration said. Further actions were pending.