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As of the end of last year, its nonperforming loan ratio dropped one basis point year-on-year to 1.68 percent, although its balance of NPLs increased by 10.43 percent to 53.65 billion yuan.

As of press time, the firm's stock price remained at a 10 percent surge to 10.45 yuan per share.

As one of the most innovative distributors globally, Also is reinventing itself as a "solutions aggregator", a radical departure from its origins as a high-volume, low-margin "box conveyor".

As if taking cue from Premier Li, the governor of the country's central bank, Zhou Xiaochuan, said at a news conference on Friday that the People's Bank of China opposed direct transactions between the bitcoin and the renminbi, its fiat money or the Chinese currency. Nor would it endorse use of virtual currencies for retail payments.

As many as 200 teams would be deployed across the city to ensure a smooth implementation of the traffic scheme.