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Ant Financial is an affiliate of China's e-commerce giant Alibaba. Alipay is one of China's two biggest e-payment platforms, with more than 1 billion annual active users. It was valued at 0 billion after raising about billion its latest round of private fundraising activities in 2018.

Apart from high-tech companies, traditional businesses that have developed years before Xiongan was established in 2017 will also have opportunities.

Apart from implementing national strategic plans for development, the bank also set up an inclusive finance department at its headquarters and branches this year, to better support small and micro enterprises.

Another goal of the plan is to improve the quality of service in China's HR industry and make it more market-oriented and competitive in the international market, so it can serve national strategies such as the Belt and Road Initiative and the coordinated development of the Beijing, Tianjin, Hebei province region.

Another 14 of them reported a price hike of 40 percent and seven saw their prices surge over 50 percent.