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Ant is an affiliate of the Alibaba Group and a specialist in online financial services.

Ant Financial's last earnings announcement showed it suffered a loss in the first quarter of this year. But bankers said with the financial support from Alibaba, the company does not need to raise cash, the report said.

Apart from sanctioning US companies, Luo said China should also sanction Taiwan personnel and companies involved in the transactions. "We have to let them know buying weapons is inviting trouble," he said.

Another resident, Kim Young-ah from South Korea, hailed China's cohesion in battling the coronavirus.

Any offender who does not comply with an enforcement order from the commissioner to rectify data abuses faces a maximum fine of HK,000 and two years' imprisonment.