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Another highlight of holiday consumption is online sales, as the number of postal packages delivered climbed 47.68 percent year-on-year to reflect a growing demand for goods amid stepped-up work and production resumption.
Ant's order book on the Hong Kong bourse for institutional investors was oversubscribed in just an hour after the launch on Monday, according to a company note sent to China Daily, citing anonymous insiders.
Another major Chinese developer China Merchants Shekou Industrial Zone Holdings Co Ltd saw its March sales up 22.1 percent from the same period last year to 21.74 billion yuan.
Ant, which claims to have 1 billion global users, has already gotten a range of financial licenses in China covering payments, online banking, insurance and micro lending.
Apart from building infrastructure projects in many parts of the world, CHEC signed a 9 million financing agreement with the China Development Bank to build Lekki Deep Sea Port facility, about 60 kilometers from Lagos, a major city in Nigeria.