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As waves of anti-extradition-bill protests crested with a citywide strike that brought transportation chaos and gridlock to Hong Kong on Monday, the city's top financial official warned the local economy faces the gloomy prospect of a "technical recession".

As the dreary days have dragged on, local residents have been making references to the "wandering" sun－an allusion to China's recent homemade sci-fi blockbuster The Wandering Earth. They also have come up with a saying mimicking a popular line in the movie: "There used to be thousands of underwear, but now only one is left."

As the Belt and Road Forum approaches, preparations are getting more visible. Beijing is to host a mega event, as many heads of states, world leaders are expected to attend it. As it is a biannual event, people hope a lot of expectations.

As the money flowed in, many companies have prioritized customer acquisition over profitability by offering deep discounts or free small-ticket deliveries. This has resulted in exponential expansion of the market with an annual growth rate of over 40 percent, said Eric Hor, associate partner of global consultancy Prophet.

As per the report, cultural and recreational media, auto production and mobility and e-commerce were top three fields seeing growth of "unicorns" represented by Jinri Toutiao, Didi Chuxing and Little Red Book (Xiaohongshu).