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Analysts said the move marks the strong confidence the new energy vehicle maker has in the China market as well as China's commitment to further opening-up.

Analysts say the move, announced on June 20, represents a groundswell of public opinion that no longer accepts government inaction on an issue affecting the lives of everyone on the planet.

And these incubators have empowered about 400,000 startups and microbusinesses that employed some 2 million people in 2016, according to the Ministry of Science and Technology.

Analysts surveyed in advance expected earnings of .85 per share on .83 billion in revenue.

Andrew Haskins, Colliers International's executive director of Asian research, said, "Looking ahead, we expect China's Belt and Road Initiative to provide an additional incentive for Chinese enterprises to invest in Asian property."