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"Companies have the same possibilities of success as long as they really want to do it, and it does not have too much to do with the fact that they are startups or established," Yu said.

"Chinese fintech companies have been expanding overseas," said Joe Ngai, senior partner at consultants McKinsey & Co, noting the country's increasing influence in the sector.

"China's strong economy makes it possible for them to rise to fame early in their careers. They are familiar with the internet and technology, which helps them express their ideas in their artwork," says Zhu Zhu, an independent curator and art critic.

"China's M2 growth is slightly lower than nominal GDP growth, but we should monitor more indicators, such as prices and jobs, to see whether liquidity is tight," he said at a press conference during the ongoing first session of the 13th National People's Congress.

"Chinese New Year is cause for celebration at The Balmoral and we are all looking forward to welcoming the Year of The Pig," said Richard Cooke, general manager at The Balmoral. "Bao (steamed stuffed bun) will be served at breakfast along with Balmoral Long Life Noodles. Angpao (red envelope) and mandarins will be in all rooms as we wish everyone long life, happiness and prosperity."