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Analysts say that after the yuan exchange rate against the dollar hit a six-year low level in December, the yuan's performance against the greenback has been steady after the US currency lost its upward momentum.

And the company had reached last year's total expected volume in the first 10 months.

Anbang, based in Beijing, has engaged the expertise of consultants to oversee the preservation of several iconic Waldorf Astoria items, including the Cole Porter piano, the World's Fair Clock Tower, the Kennedy Rocking Chair and the MacArthur Desk.

And what both sides agreed on was likely about preserving the status quo, he said, adding that from how the market reacted today, the decision was accepted by shareholders.

Analysts from Nomura Securities said Beijing is expected to maintain its wait-and-see approach to policy in the near term, neither easing further nor starting to tighten.