Interests of retail investors key to A shares

Expert: Ongoing bullish trend a sign of 'hard-won' success in reform execution

The ongoing rally in China's A shares has underscored the importance of reform execution, and closing regulatory gaps further to safeguard market fairness and investor interest is vital to sustaining the bull run, said Liu Jipeng, a senior expert on the capital markets.

"A slow bull trend has taken shape. The goal should be making it steady and long-lasting so that the capital market can serve as a platform for common prosperity, where the majority of investors can share returns, rather than only a few getting rich overnight," said Liu, a professor at the Business School of China University of Political Science and Law.

While the divergence between China's economic slowdown pressures and its rising stock market has triggered discussions about the rally's stamina, Liu said that reform measures to better protect investors have provided a rational basis for the market upswing and will be key to its future course.