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Despite the slump in A shares in the first week of this month, investors remain optimistic that long-term prospects are intact as a bottoming-out market could present good opportunities to bag handsome bargains, market insiders said.

Ding Shizhong, chairman and CEO of Anta Sports, said: "The year 2020 is unlike any other. We needed to dig into the essence of the company by focusing on consumer demands, in order to accelerate our 'Customers, Products and Channels' reform to achieve a consumer orientation by enhancing our product power, brand power and retail power."

Detectives from the State's Homicide Squad and Forensic Crime Scene Unit believe the tragic incident is likely to be a murder-suicide, making it the worst mass shooting in Australia since 1996, when a gunman killed 35 in the Port Arthur Massacre.

Ding said the firm is also set to expand its domestic sales channels and deploy more financial resources on research and development of candy made by xylitol to stop smoking and for weight loss. It is also upgrading its technologies and service, as Chinese consumers are paying more attention to oral health the past few years.

Disruptive technologies such as artificial intelligence, robotics, blockchain (a digitized public ledger of transactions) and 3D printing are indeed transforming social, economic and political systems, often in unpredictable ways. The technology itself is difficult to map because its pace of change is often exponential. It is the unpredictability that is making impact assessments difficult, but not impossible.