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Anta Sports, which has a market value of .5 billion, has been working to expand its business overseas and is seeking acquisitions of well-established global brands. Zheng Jie, president of Anta, said last month that the company delivered a record performance in the first six months ended June 30.

Apart from having a large market and sufficient funds, China has also made big progress in building its talent pool, with a growing number of serial entrepreneurs making innovations, he said.

Another concept introduced by the tie-up is "social currency", a mechanism to encourage customers to spend more time navigating the experiences in the mini program. According to Zhang, the more a user engages with the brand, the more likely he or she receives rewards from café items and can unlock personalized mini program content regarding the brand.

Another Shanghai-based advisory, Career Frog, was founded in 2004 and is growing on venture capital funding, targeting job seekers who have returned to China after studying at overseas colleges.

Anti-government rioters' recent violent acts are one step closer to terrorism, a police spokesman said on Thursday. The remark by John Tse Chun-chung, chief superintendent of the Police Public Relations Branch at a media briefing, came as Hong Kong endured the fourth consecutive day of widespread vandalism to the city's transportation systems and university campuses, as well as indiscriminate attacks on people in Hong Kong.