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Analysts believe the prices will be propped up in the coming months as the country's electricity consumption braces for its seasonal peak in summer.

And some recent comments made by presidential hopeful Mitt Romney certainly provided a chuckle.

Analysts noted the impact of COVID-19 has been merely temporary. As the contagion is being contained, a recovery in demand for construction machinery and equipment is expected, said Xu Hao, an industrial analyst at Minsheng Securities.

Andreas Gerstenmayer, CEO of the world's leading printed circuit boards maker, said the BRI opened up new horizons for the company's development as sales volume from the Chinese market is expected to account for half of its global sales.

Andrea Cincotto, secretary-general of Penknife Investment Srl, said consumers can wear the bracelets for a week to constantly record and monitor data of sleeping rhythm. Such data will be continuously and automatically transmitted to cloud computing servers for analysis.