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An outline released on Wednesday on the integrated development of the Beijing-Tianjin-Hebei region has offered further details on how the capital's resources and industries will be redistributed.

Analysts said the government's plans for the new area will likely further boost sentiment toward stocks of related companies headquartered in Beijing, Tianjin and Hebei province.

Anhui Jianghuai Automobile Co Ltd, better known as JAC Motors, reported operating revenue of 14.63 billion yuan in the first three months, up 13.76 percent year-on-year. However, the net profit attributed to shareholders fell 69.13 percent to 65 million yuan.

Analysts said the brand will erode the market share of Chinese carmakers, as well as affordable foreign ones including Kia and Hyundai. FAW-Volkswagen is expanding its business besides car production and sales. The company started its car-sharing program last year, with a fleet of 200 vehicles in Changchun, capital of Jilin province, where the carmaker is headquartered.

And, in typical Ellison style, the tech pioneer is not mincing words about the top dog in cloud computing, declaring that Amazon’s “lead is over” and that they are about to get some “serious competition going forward,” according to a recap by ZDNet?and USA Today of Ellison’s talk Sunday during a keynote address at the OpenWorld conference in San Francisco.