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"But that has changed with the advent of online orders and food deliveries and now we have lots of younger customers," Tian added.

"China A shares offer an incredible mix of leverage to the country's domestic economy. That's why, we want to buy them for the next decade. More so because we expect China's stocks to stay neutral, largely unaffected, when the next US market crisis occurs. For example, the Shenzhen Composite Index has among the lowest correlations of all major global indices to the S&P500 index at just 8 percent."

"China is today our biggest emerging market with a potential for growth that is already materializing year after year. It is a market that is opening up to our products and in which we have placed many hopes of future growth," he said shortly after the opening of the 20th Habanos Festival on Monday.

"But the number of customers is growing faster than the volume," he said, adding that boosting familiarity with the brand still ranks as its most important task in China.

"CHTF offers a great opportunity for us to gain access to advanced technologies. It will help the country to move faster toward its goal of building a technology-driven economy," he said.