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Domestically, Singapore highlighted suspension of social activities as part of social distancing.

Despite this week's price gains in the sector, the drop in demand has clipped about 40 percent of the stock value of Exxon Mobil and ConocoPhillips since Jan 2.

Domestic brands took the lion's share in the mobile phone market, accounting for 92.9 percent of the total shipments in April. Their total output reached 33.93 million units, with 7.2 percent growth, said the report, while their number of new models unveiled last month was 35, down 32.7 percent and still contributing 83.3 percent of the total.

Domestic and foreign enterprises affected by the epidemic find it more prudent to replace and expand the office property. SMEs, which faced increased financial liquidity risk in the short term, may have an impact on the office leasing market, said Shen Jie, senior director and head of office agency at global real estate services firm Cushman & Wakefield China.

Domestic CEOs also have a stronger intent to invest in advanced technologies and pursue mergers and acquisitions, or M&As, for future growth.