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Analysts said the stable price came due to a variety of factors with the weak seasonal demand for the fossil fuel offsetting building of coal stockpiles for winter.

And that's not a bad thing at all, said Zhao Shiyuan, a professor at Beijing Technology and Business University. "Past coverage of traditional events like the soccer World Cup and the Olympics reached a stage of stagnation and failed to attract the younger generation."

Analysts said after Tuesday's panic selling, investors still believe the US and China will work out their differences.

And teenage fan Alex Mann was catapulted into nationwide fame when British rapper Dave invited him on stage to perform a track, which the 15-year-old executed so flawlessly the crowd chanted his name for half a minute. Mann has since appeared on several major national radio and television shows and accrued almost 290,000 followers on social media.

Analysts said the moves are in line with Xi Jinping thought on socialist economy with Chinese characteristics, which upholds the market's decisive role in resource allocation and calls for better performance from the government in its role.