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"Given that capital demand rises every Spring Festival and tax payments will follow, interest rate will go up accordingly," said Ming Ming, chief analyst for fixed income at Citic Securities.

"Foreign convenience store chains have well-developed supply chains, thanks to their long experience in the sector. Many stores have been able to increase their gross profits by upgrading products, structures and by raising the proportion of fresh food. And most of their fresh food comes from self-owned brands," he said.

"For its orderly and healthy development, industry participants should join hands to set some rules and framework and comply with them," Xiao added.

"Having both an online and offline outlet should create synergies by aligning two sets of customers under one grocery brand," said Matthew Crabbe, Asia Pacific research director for consultancy Mintel.

"Go global, go China."