Dangdang surged 87 percent to US$29.91 on its debut on the NYSE on December 8 after raising US$272 million. The stock added 2.36 percent last week to close at US$27.71 on Friday.

Foreign milk products became increasingly sought after in China after a series of domestic food scandals. Milk tainted with melamine killed six children and left many others sick in 2008.

The CIRC asked insurers to trim their reliance on bancassurance to shift focus from investment to financial protection. However, with the booming stock market, insurers may be reluctant to switch.

He said his mass following began around 2011s Spring Festival when he promoted a campaign to help rescue abducted children. His followers, then just a few thousand, leapt into the hundreds of thousands.

Before the search was halted police had said the teams on site would split into two groups yesterday, with one set of specialists continuing to attack the ice while the other would look for the remains of victims.