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"But the 0 billion valuation is undoubtedly too high even by the standards of Chinese companies' high price-to-earnings ratio. Xiaomi's market performance can by no means support that," Shen said. "Something between to 0 billion is more likely."

"CDC guidelines are still recommended but not required, and the president is the most tested man in America," she said, referring to the Centers for Disease Control and Prevention. "It's his decision whether to wear a mask."

"China is also developing fastly in technology and it has also big markets," said Shamir, who is also the managing partner of Catalyst Funds, one of the organizers of the two-day conference.

"Capital spending will grow. Overall, about 100,000 new base stations are likely to be built and investment into wireless networks will also increase," Li said.

"By the end of June, their average stock stood at 28 days, much better than the industry average and the lowest level in 18 months for Changan Ford."