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Analysts said the move will improve Audi's China-related strategies and enable voices from the Chinese market to reach Ingolstadt, where Audi is headquartered, faster.

Anantnag parliamentary constituency considered to be highly volatile is spread over four districts, Anantnag, Kulgam, Shopian and Pulwama.

Analysts also noted that the current market advances may end in mid-March. "Looking ahead, downward economic pressure and expectations of further policy easing will jointly influence the market, making fluctuations inevitable," said Xie Chao, an analyst from Shanghai-based Everbright Securities.

Analysts have mixed views on the deal. Lincoln Kong from Goldman said Tsingtao would see benefits from collaboration with Fosun in areas including export business, premium branding and management incentives.

And guess who fell off the list this year?