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Apparel prices declined 0.8 percent last month. They plunged 1.9 percent in March, which was the biggest drop since January 1949, after the government introduced a new method and data to calculate apparel prices.

Another A-share listed firm, Beijing Jetsen Technology Co Ltd, whose subsidiaries were producers of Wolf Warrior II, saw its price close at 10.24 yuan on Tuesday, up from 9.4 yuan on July 27.

Another example is Ford's China sales slumped 43 percent year-on-year to 64,383 in September, marking a row of sales falls in the country. The continuous decline over the past months resulted in a 30 percent fall year-on-year to 585,171 units in the first three quarters.

Ant said it holds 26 indigenous core technology products, 18 international and national awards for key technologies, and some 26,000 patents or patent applications across 40 countries and regions, spanning multiple technology realms from artificial intelligence, risk control, security to blockchain and robot advisory services.

Ant said the Alipay mobile app handled 118 trillion yuan worth of transactions in the Chinese mainland in the first half, in the year to June, while international transactions stood at 622 billion yuan. Some 80 million businesses have adopted the service till date, for which Alipay charges a fee, it said.