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"China, for most of the time, surprises you in a good way," he said.

"China's economy is back-ish and the world can exhale. Without this rebound, the nascent global recovery would be on even thinner ice," Bloomberg said in an opinion piece.

"Clearly, this is an aggressive move by Uber to take out a competitor and further consolidate its market position," Ives said in a research report. "Especially as the COVID-19 pandemic continues to shift more of a focus to deliveries vs. ride-sharing in the near term."

"Currently China has 200 to 300 million middle-income earners. By 2020 that figure is projected to surpass that of Europe," said Ding. "There is definitely a strong call for supply from premium brands globally."

"China's asset management industry has witnessed astonishing development by leaps and bounds in recent years, and we have faith that such growth will remain robust in the medium and long term," Shin added.