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"Gold remains a safe haven amid global economic uncertainties, and it is emerging as an investment with possible higher returns as central banks are cutting interest rates," said Huo Songling, secretary to the executive board of leading China National Gold Group Co Ltd.

"HSBC welcomes the changes announced regarding foreign ownership in the financial services sector," said Peter Wong, deputy chairman and CEO at HSBC Holdings Plc.

"Given that China is the largest trading partner and tourist destination for most economies in our region, slowdown and disruptions caused by the epidemic will affect most regional economies. We expect China to remain a key growth driver of the global economy in 2020," he said.

"Guangdong is very strong in advanced manufacturing. Hong Kong's strength in finance and modern service would help manufacturing businesses in Guangdong better link to the global market and expand their businesses," Choi said.

"For China, the core issue under the shadow of the Sino-US trade skirmish is solving our own problems at home. China's economic development will not be stymied, which comes on the premise that we stick to and press ahead with the path of opening markets and other reforms that has lifted growth," Guo said.