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Ant is also involved in shaping China's digital currency architecture, according to the filings, which stated it is "one of a number of powerful commercial institutions" that the People's Bank of China, the central bank, summoned in late 2017 to develop the digital currency system.

Another highlight of the new measures is relaxing the limitation on exporting human genetic material from the mainland to Hong Kong and Macao, which will definitely boost the development of Hong Kong's biotech sector, said Stanley Sy Ming-yiu, chief executive of Hong Kong biotech startup Sanomics.

Apart from Douyin and Sougou, three other companies involved are advertisement and media production enterprises. Under the advisory of the State Administration for Market Regulation, the Beijing Administration of Industry and Commerce is now investigating the five companies and the punishment will be released in a timely manner, the release said.

Apex-Brasil plans to send a delegation to the first China International Import Expo in Shanghai in November to present new Brazilian products.

Ant, which claims to have 1 billion global users, has already gotten a range of financial licenses in China covering payments, online banking, insurance and micro lending.