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Apart from reducing overcapacity, China has reduced market thresholds and cut taxes and fees for businesses, Li noted.

Ant Financial's technology capability and experience in providing digital financial services in China have stood the test of time and scale. For example, we processed 256,000 transactions per second during the peak of the Singles Day shopping festival. By working with our global partners, we are confident that the same technological capability can be leveraged in other parts of the world to make financial services more inclusive. It will give people equal opportunities.

Another catalyst to the company is the inclusion of MSCI Global Small Cap Indexes, and FTSE Bursa Malaysia Mid 70 Index last month. Over the past 12 months, the stock has surged more than seven times to 15.06 ringgit (as of noon time on Tuesday) from 2.06 ringgit after the emergence of new shareholder Shandong Hengyuan Petrochemical.

Apart from the adverse weather, the observers also have to live with monotony and loneliness.

Anwar also called for youth exchanges to enhance people-to-people ties as it is very important for young people to understand each other's political system, policies and culture so as to help boost the countries' relations in the long term.