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Monday's interbank market showed the overnight Shanghai Interbank Offered Rate (Shibor), which measures the cost at which banks lend to one another, increased 3.7 basis points to 2.453 percent. The Shibor rate for one-month loans rose 1 basis point to 2.838 percent.

Mongolian President Khaltmaa Battulga speaks during his inauguration ceremony in Ulaanbaatar, Mongolia, July 10, 2017. [Photo/Agencies]

Moon and top DPRK leader Kim Jong-un agreed to hold their first summit in late April at the Peace House, a building in the truce village of Panmunjom. US President Donald Trump said he would meet with Kim by the end of May to achieve a permanent denuclearization.

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Minieye also revealed that L2-L3 level autopilot products will be released this year.

Monday's brief hearing was the first court appearance for 28-year-old Brendt Christensen since he was charged on Friday in the kidnapping of Yingying Zhang. Authorities have said they believe the 26-year-old Zhang is dead, although her body has not been found.

Moon Jae-in spoke before two senior Seoul officials left for the United States to brief officials about the outcome of their recent visit to Pyongyang.

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Miner prices at the Huaqiang North market also slipped. For example, the AntMiner S9, with an original price tag of 11,000 yuan, is now selling for about 20,900 yuan, down from a high of 30,000 yuan two months ago.

Mobike will continue to operate independently with Wang Xiaofeng and Hu Weiwei remaining as CEO and president, respectively.

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Micro-lenders largely target small companies and low-income groups in need of capital. They have become an important channel for small- and medium-sized firms as well individuals to access funds.

Moody's also pointed out that banks that have relied on market funds to support the previous phase of their asset expansions will likely face lower profitability.