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During the last week of April, Poly Real Estate Group issued three-year medium-term notes used for the property rental business; Cifi Holdings Group issued senior notes valued at 0 million that will expire in 2021, whose interest rate was 6.875 percent; BBMG Corp also issued 1.5 billion yuan (6 million) of chiefly short-term commercial paper.

During the 2008 global financial crisis, dividends were cut by more than 20 percent on average - a figure likely to be more than doubled in this downturn - Fidelity warned.

During the same period, the occupancy rates of international hotels, chain hotels and boutique homestays in Lhasa and Nyingchi both exceeded 80 percent, much higher than in normal years.

During the last trading week, the Shanghai Composite Index dropped 4.52 percent to 2668.97 points, a new low this year.

During the last four quarters, central banks' gold buying reached a record high of 715.7 tonnes. In Q1 of 2019, global gold demand stood at 1,053.3 tonnes, up 7 percent year-on-year, according to the report.