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Apart from Fidelity, asset management giants BlackRock and Neuberger Berman have also declared goals of establishing mutual fund subsidiaries in China.

Another Tai Wai resident, Susan Tso, 26, hadn't managed to reach her workplace at Sai Ying Pun even by 11:30 am. She had planned to clock in by 9:30 am but waited at the Tai Wai station for about one hour before deciding to look for a bus. "There are still around a hundred people waiting ahead of me," Tso said.

Another fresh food delivery app Missfresh has seen its orders surge by 300 percent year on year during the epidemic outbreak, according to Wang Jun, CFO of the company.

Any building, be it a skyscraper or something more modest, depends on solid foundations. What is not seen is as important as the steel, concrete, bricks and mortar on view. Architects, too, depend on fundamentals, the cornerstone of their philosophy. Buildings are more than just walls and roofs. They must represent and identify with the culture they belong to.

Another notable restaurant group that made its foray into Shanghai is Putien. The restaurant chain, which boasts having a Michelin star for its Kitchener Road outlet in Singapore, currently has seven branches in Shanghai. Renowned pork ribs soup restaurant Song Fa Bak Kut has also been steadily expanding its presence, with five outlets in prime locations.