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Apple declined 0.39 percent. It reported a slight uptick in year-over-year revenue on Thursday despite supply chain disruptions and closure of its stores in China and worldwide due to the coronavirus pandemic. Apple offered no earnings guidance for the current quarter because the pandemic creates too many unknowns.

As COVID-19 is still spreading around the world, consensus can be reached through the AIIB's annual meeting on how it can play the role of a multilateral development bank, Liu said.

Article 5? The principle of the rule of law shall be adhered to in preventing, suppressing, and imposing punishment for offences endangering national security. A person who commits an act which constitutes an offence under the law shall be convicted and punished in accordance with the law. No one shall be convicted and punished for an act which does not constitute an offence under the law.

Apple is betting big on this emerging market. Three weeks ago, its mobile payment service Apple Pay launched its largest-scale marketing campaign since entering China, offering perks including up to 50 percent discounts on purchases for a week.

As 5G signals cover more areas, 5G smartphones are projected to achieve mass adoption in early 2020, Zhang added.