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"For all foreign financial institutions in China, the world's second-largest credit market is definitely appealing and will inspire a wider array of cooperative models and tailored products among domestic and local players," Lai said.

"Given the potential effects of a trade war, even high-quality stocks with attractive valuations that have such exposure may need to be re-evaluated," Wei said.

"Given the potential for a rebound in the number of cases or level of community transmission, a low threshold for re-instating more stringent mitigation standards will be essential," the document goes on to say.

"For buyers, it is really difficult to get their applications for home loans approved, as lending has tightened significantly since the beginning of the year," said Yang Zhaojun, a real estate agent with Shanghai Junda Realty Services.

"Growth has plateaued in the last two to three years and 2017 looks like another year of modest growth in comparison to the growth that we've seen in previous years going back beyond 2015 to earlier times. However, we remain unabashed bullish on China and the Chinese economy," he said, describing the Chinese market as "a really important part of our company."