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"Financing cost of above 6 percent may put pressure on developers who do not have access to abundant liquidity," the research note said.

"Global economic recovery depends on how the world can work together to contain the coronavirus," he said. "Without firmly containing the pandemic, it's very difficult to have a full, sustainable and quality recovery."

"Founders of some Japanese companies want to sell their business to Chinese investors as their offspring are not willing to manage and they want us to help them," Ren added, sharing an example.

"For example, they may need to open bank accounts in the UK, obtain UK or European visas, send their children to schools or universities in Europe, acquire property, obtain healthcare, or expand their businesses into the UK or Europe. We are able to provide tailored solutions that meet these needs," Lin said.

"Growth in the September quarter will be weighed down by the lockdown in Victoria, and beyond these continued health concerns, ongoing restrictions and the dialing back of income support will all weigh on the economy," Hunter added.