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Analysts attributed the IPO surge of Chinese tech firms to vibrant web-based industries. Innovations powered by internet technology are springing up and the group of tech-savvy young consumers is growing rapidly.

Ana Rita Sithole, member of the Polibureau of Mozambique Liberation Front, the ruling party of the country, said the strong desire for cooperation between China and Africa could break through the barrier brought by their great geographical distance.

Andre Morgan, co-founder of Ruddy Morgan Films, told Xinhua, "The truth is that China has not focused on the American market, yet. Historically, the Chinese industry over the past 20 years has been very focused on rebuilding its domestic markets and production capabilities."

And, in response to Weyand's "snail's pace" jibe, he told the Financial Times: "And talking about the speed of the negotiations, I think it's better to be a down-to-earth turtle than a cunning rabbit."

And the elimination of fraudulent companies from the market will improve the overall quality of Chinese listed companies. Consequently, stock prices may increase owing to the lower risk perception associated with Chinese companies.