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Analysts outside the US also believe that Trump's intentional use of the racist term is to distract the US public from the wide criticism of his missteps in his early denial of the seriousness of the pandemic. Now with the stock market gains of the past three years totally wiped out, he is eager to play the blame game, especially in a presidential election year.

Anhui Jianghuai Automobile Co, or JAC Motors, is one example of a domestic manufacturer that has shifted its business model towards the future and is developing into the new automotive business environment.

Analysts say Pony.ai's investment comes at a perfect time as China revs up its smart vehicle strategy as outlined in a blueprint released last week by the National Development and Reform Commission, the Ministry of Industry and Information Technology and another nine ministries.

Analysts from Pacific Securities wrote in a note that consumer companies have been undervalued since the A-share meltdown over the past few years. But overseas investors usually hold a positive outlook for these companies and hence are investing in their shares.

Analysts and the capital market are optimistic about the company's prospects, at least in the short term. Alexious Lee at investment bank Jefferies Hong Kong expected Great Wall Motors' sales to grow at least 7 percent in the second half this year and outperform the overall market, thanks to new models, flexible financing and China's antipoverty campaign.