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"Employment remains a top priority of the government. The subindexes of employment in the manufacturing and services sectors were still in contraction territory in June. Faster production resumption as well as more targeted policies are needed to help resolve corporate difficulties," said Wang with Caixin Insight Group.

"During the severe acute respiratory syndrome, or SARS, outbreak, many Chinese people also chose not to travel, but the industry soon rebounded when the outbreak was under control," said Min.

"Enterprises now think there will be political risk involved for relocating their staff to Hong Kong," he said, and if the turmoil is not settled in the near future, "some job positions may be diverted to other countries in the region".

"Even though there have been Chinese corporate failures such as Luckin Coffee on the US stock markets, the vast majority of US-listed Chinese companies have created significant shareholder value over the years," Chin said. "That's why I think it'll be win-win if the audit technical issue gets resolved."

"Every day there were people who were crying or became very anxious because they had not eaten anything during the trip to Beijing, or couldn't find their suitcases, or they got separated from their loved ones," he said. "We were there to offer them much needed company and comfort."