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Another major trend which has been widely observed among leading sovereign wealth funds is that they are more active in management after investment. They have participated in corporate governance, using their votes on issues like environmental protection and internal management. They have also paid more attention to their obligations to provide more added-value services to the companies they have invested in, said Tu.

Ant's services use big data analysis to pinpoint needs and automatically evaluate risks before giving out loans. Bad loan ratio of its Jiebei online small loan service stands below 1 percent, which is significantly lower than the 30 to 50 percent industry average, she said.

Apart from Star's Home, Cao also built a Star's Farm and a Star's Workshop. A nursing home for families of autistic people is also under construction.

Another focus for the firm is to incorporate local tastes. Following matcha green tea, strawberry and yogurt flavors, this year Dove produced durian and red velvet cake flavor products.

Annam Manthiram