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"CMB has always been dedicated in bringing a better user-experience with technology and these clients are the people we can experiment on. I think artificial intelligence and fintech will be a new battleground to win over Chinese private banking clients."

"China is a highly diverse and complex market where we work closely with our customers and partners to clearly understand their challenges in order to design and co-create solutions that meet their specific needs," Fu said.

"By leveraging technological advancements, common medical services, drug services and chronic disease management can move from hospitals to patients' homes. This will improve the patient experience, enhance the availability and accessibility of medical services and medicines, thereby providing patients with an improved quality of life," said Xie.

"But more significant steps are needed if policymakers want to stabilize growth," he added.

"Cash reserves are running down quickly as fleets are grounded, and ... demand is drying up in ways that are completely unprecedented."