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Ant's move mirrors a series of other partnership deals forged with companies in India, Thailand and Indonesia, where similar digital payment services have been wheeled out.

Apart from travel restrictions that prevented migrant workers from reaching their jobs, the novel coronavirus also disrupted logistics chains at the height of the outbreak, leading to the lackluster sales of farm produce and threatening to push many back into poverty.

Any industry related to China's urbanization process has potential for growth. These include transportation, clean energy, safety and security.

Announcing the details on Tuesday, Secretary for Food and Health Sophia Chan Siu-chee said the anti-coronavirus curbs have to be tightened because gatherings did not notably decline after the last round of rules took effect. She appealed to residents to reduce gatherings during the Christmas holidays.

Another factor that reportedly drove down Brilliance's stock prices is BMW inking a deal last week to establish a 50-50 joint venture with Great Wall Motor.