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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 financial injection, Merck is also planning to provide training during the three-month incubation period and looking to offer industry cooperation opportunities and next-phase of grooming in the future, said Sun Zhengjie, managing director of Merck Innovation Hub China.

Apart from the canteen, Hema also runs a supermarket, which, together with the canteen, will occupy a combined area of 3,000 square meters. Boasting a SKU (stock keeping unit) of 2,000, the store will offer fresh seafood as well as imported food and beverages, said Wang Haoyang, head of government relations of import and export business at Tmall Global, Alibaba's dedicated channel for cross-border e-commerce.

Ant Check Later is a service by Chinese fintech, or financial technology, giant Ant Financial Services, an affiliate of Alibaba Group Holding Ltd.

Anti-epidemic efforts have been focused on imported cases and local infections associated with them in Guangzhou.