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As a big fan of Chinese tech company Xiaomi, Trigkas said he hopes the company, as well as more Chinese tech firms, could utilize Greece as a stepping stone for expansion in the South and Eastern European market as his home county has impeccable talent for information and communication technology.

As economic growth slowed to 6.2 percent in the second quarter, speculation began to take shape that policymakers may loosen their grip on the property market to combat downside pressure, as they did amid earlier economic downturns, according to Yang.

As a pioneer of 5G technology development, Yang said that Huawei has already cooperated with LG Electronics to build 15,000 base stations in South Korea.

As a result, the regulators have recently been preoccupied with the task of correcting the "80/20" market pattern, which refers to a phenomenon that roughly 20 percent of the weighted shares in a market have up to 80 percent influence on the direction of a major trend.

As a sign of the dire housing issue, Lam Lok and Jason Chau, a young married couple, had to live apart in the city "because the bedroom space is simply too small for two adults and a child", BBC reported on its website on Sept 17.