Xinhua News Agency President Cai Mingzhao (L) and Mayor of Shanghai Yang Xiong beat the gong at a ceremony as Xinhuanet Co. Ltd. debuts on the Shanghai Stock Exchange in Shanghai, east China, Oct. 28, 2016. Xinhuanet Co. Ltd. debuted on the Shanghai Stock Exchange on Friday with its shares surging immediately after opening. (Xinhua/Ding Ting)