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"Given that the enthusiasm of investors oversubscribing for ZhongAn's offering runs really high, we have good reasons to believe the upcoming technology flotations could come as a 'booster', putting Hong Kong on course to secure the third spot, with as many as 150 firms raising up to HK0 billion for the whole year round," Kay said.

"Having Mark as the CEO of China brings the best of JPMorgan to this market," said David Li, JPMorgan's senior country officer for China unit, who will also become a vice-chairman of global banking. "I look forward to working closely with Mark as JPMorgan China enters into the next phase of investments."

"For the most part, the ones that I fear the most for are the loyal guests that we have, [who are] particularly going to revert back to traditional cigarettes, because I know a lot of them are not ready to give up the nicotine wagon there," he added.

"First-tier cities were some of the earliest to implement (market-) cooling measures and continue to have some of the toughest restrictions, while also having some of the highest prices," said James Macdonald, senior director of Savills China research, another international real estate consultancy.

"Half is used in the production of batteries, and the ratio may increase to 66 percent in the future," Ma added.