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As a business capital with a history as long as 1,000 years and a gateway in southern China, the megacity is not only a hot destination for commerce and investment, but also a hub with easy global access and innovation spirit, Cai noted.

As for hardware, there're many organizations to help them settle down in Shenzhen quickly and smoothly, such as HEX Cube. "As now, Hong Kong entrepreneurs need to follow the same administrative regulations as foreigners when setting up a company in Shenzhen, and it has many limitations," explained its founder Chen Jiwei.

As emerging economies, Wang said these markets pose other challenges, including a limited capacity to conduct commercial, legal, financial and human resources diligence.

As a result of the sanctions, all property and interests in property of those sanctioned targets that are subject to US jurisdiction will be blocked, and US persons are generally prohibited from engaging in transactions with them, the statement noted.

As employees return to the office, the companies are encouraged to have COVID-19 safety plans in place and stagger staff starting and finishing times to reduce the impact on public transport, while workers have been strongly recommended to continue to wear masks on public transport, the NSW government said on its website.