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"For instance, Ofo and Mobike (acquired by Meituan-Dianping), which are the top bike-sharing brands in China, each received funding from Tencent in the past," Heath said.

"For Beingmate, this would serve as an opportunity to secure new strategic partners and strengthen its financing channels to keep its independence in terms of operations," Song said.

"For nearly 20 years we've supplied the UK's mobile and broadband companies with 3G and 4G. But some now question our role in helping Britain lead the way in 5G," the letter stated. "As a private company, 100 percent owned by employees, our priority has been to help mobile and broadband companies build a better connected UK," Huawei's Vice-President Victor Zhang said.

"For Huawei, the more potential options it has, the smaller its risks will be in the future. As a result, it is important for the Chinese company to maintain good relations with Qualcomm so as to reduce future risks," Jia said. But he also warned that due to the unstable geopolitical environment, changes appear possible in the future.

"Green financing in China will clearly be an important target for the AIIB," Zeng said. "It is reasonable that the AIIB is the provider of long-term financing with relatively low cost for such infrastructure projects, especially when Chinese commercial banks are facing greater liquidity pressure."