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And Einhorn, who gained attention last year for calling for Microsoft CEO Steve Ballmer to step down, can’t quite figure out the Seattle online retailer.

Analysts said the latest regulatory measures put pressure on domestic companies, with the smaller players set to face the heat in the long term.

Andrea Turco, RINA's senior director for the Asia-Pacific region, said the global economic slowdown and the contraction in the growth of the shipping industry worldwide has not affected its business in China, as almost all the shipyards he has visited in the country are "fully occupied".

Analysts predicted the market will recover over a period of time, as investors await further concrete improvements.

And the foreign trade volume from foreign-funded companies and joint ventures was 1.41 trillion yuan from January to June, a year-on-year drop of 3.5 percent which also comprised 43 percent of the province's total, while foreign trade from State-owned companies was 199.04 billion yuan, down 1.1 percent year-on-year and accounting for 6.1 percent of the province's total.