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Analysts say the move may prompt other premium brands to follow suit amid a slowdown in the world's largest car market. However, the segment is outperforming the industry.

Analysts said the FCC ban would have very limited impact on Huawei's financial performance, but labeling the company as a national security threat would cause far-reaching reputational harm.

Analysts attribute the profit growth to the bullish A-share market in March. According to Bloomberg, average daily stock turnover of the market hit 887 billion yuan in March, or 50 percent higher than in February, driving brokerage revenue up.

Analysts surveyed in advance by Thomson Reuters had expected Amazon to report a loss of 14 cents on revenues of .4 billion.?The company had posted a net loss of 6 million in the second quarter of last year.

Angola has set up an attractive business environment which will help attract more Chinese enterprises and investors, the minister said.