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Chan said it's unrealistic to expect a virus-free environment in the short term given the unpredictable global situation, and called on the public to remain patient and cooperate with the government.

Challenges remain in China's capital market development though, he said, citing that stock issuers and sponsors should play a more important role in ensuring the integrity of the market.

Chai Aina, president of the company, said that regular paper cartons can only be used twice before they have to be discarded. The company's recycled boxes, on the other hand, can be used on average 14 times, meaning greater cost savings for users.

Capital market reforms are aimed to help the market play a more significant role in resource allocation, experts said.

Chan Chun-keung, president of the Hong Kong Overseas Chinese Association, another group on the petition, said the majority of his members were born abroad and came to Hong Kong to seek opportunities.