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Analysts said that the move showed developers were diversifying their investments by location and business models, with more stepping out of the domestic market and getting yields from rental income instead of sales revenue.

An online marathon?

And the risk does appear greater to people in the public eye, particularly many young, talented people seeking fame and fortune, who probably don't have enough life experiences to cope with the consequences of a scandal.

Analysts said that listed technology companies would be the biggest beneficiaries from the revised rules as the country's regulators intend to lower their financing barriers and encourage them to tap into the capital market for additional funding.

Anbang had been one of China's most aggressive overseas buyers before authorities began to curb risky outbound acquisitions. It also has equity investment in many listed Chinese firms.