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"By listing on the Nasdaq, Aurora hopes to further enhance brand awareness and attract more talents to better grasp business opportunities of China's fast-growing big data industry," Weidong Luo, co-founder and Chief Executive Office of Aurora told Xinhua after the opening bell.

"COVID-19 is a common challenge facing all of humanity. China is fighting not just for itself, but also for the world," he said, adding that China treats its own people and those of other countries in the same way and applies prevention and control measures equally.

"Changzhi has been gradually transitioning its development mode from one that relies on consuming resources and materials to one that is more high-end and depends on technological innovation, talent, and a continuous and cyclical use of resources," the reform commission said in a statement.

"But the government is also striking a delicate balance between innovation and risk. When it comes to the financial system, it is extremely careful about systemic risk."

"China is undergoing an economic transformation and upgrading at present. Therefore, the development of high-end manufacturing and smart equipment has become a buzzword. But as a matter of fact, traditional industries, which are closely related to people's daily lives, should also undergo upgrading and there will be room for their development," he said.