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"Crude has become a bigger problem for markets than the coronavirus," Adan Crisafulli, founder of Vital Knowledge, told CNBC. "It will be virtually impossible for (the S&P 500) to substantially bounce (back) if Brent continues to crater."

"Companies listed in Hong Kong show a higher quality in the standard of their reports, partly due to the requirement of the Hong Kong Stock Exchange," said Yin Gefei, chief advisor of China WTO Tribune and chief expert of GoldenBee CSR Consulting.

"Chinese investors have long been bullish on the Latin American market. Mexico is a new destination for State-owned energy giants and will see big opportunities, if short-term uncertainties in the local macro scene and the clean energy market are sorted out and properly managed," he said.

"Cooperation between the US and China is critical to meeting all of the challenges facing our world, from economic growth and trade to security and climate change," the media mogul said.

"China's transition to a consumption economy focused on domestic growth is progressing on a stable path, with strong growth drivers especially for Dow's products," said Andrew Liveris, Dow's chairman and CEO.