Confidence in Chinese equities remains strong

Although the A-share market has witnessed drastic fluctuations of late, the long-term optimism and confidence in Chinese equities remain unchanged for experts. They cite the great importance the central leadership attaches to financial development and the positive signs in China's improving fundamentals supported by stimulative policies as reasons.

Reversing Wednesday's slide, the A-share market made a strong V-shape rebound on Thursday, pulled up by the bullish performance of market heavyweights such as securities and energy companies, especially in the late trading hours.

The benchmark Shanghai Composite Index gained 0.43 percent to close at 2845.78 points on Thursday and the Shenzhen Component Index closed 1 percent higher. Technology-focused ChiNext in Shenzhen jumped 1.93 percent. The total trading value at the Shanghai and Shenzhen bourses jumped 36.5 percent from a day earlier to approach 865 billion yuan ($121 billion) on Thursday.