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An over-allotment option for major underwriters has been specified in the new guideline, under which the underwriters are required with detailed rules regarding information disclosure, keeping trading records and making related arrangements. The major underwriters are not allowed to sell the shares that have been bought to stabilize stock prices under the over-allotment option mechanism. 

And it's not just retailers that are noticing the boom in sales. Those in the food industry have also been riding on the growing wave of the Christmas spirit.

And that was certainly the case for Opscode, the fast-growing IT automation startup that today is announcing an oversubscribed million venture round led by Scale Venture Partners and including investments from Citi Ventures, Battery Ventures, DFJ and Ignition. Total funding in the 100 person company, which expects to double its staff in the next year, now stands at million.

Analysts said the Trump administration's tax cut and increased government spending have contributed to the rise of budget deficit in Donald Trump's first full fiscal year as US president.

And this year's Annual Economic Work Conference put opening-up high on the agenda: The country will aim for more open and inclusive growth that can be shared by all around the world.