The roughly 70 billion yuan ($10 billion) of foreign capital that has flowed into the A-share market this month marks the biggest such monthly net inflow this year, and demonstrates the value of Chinese equities at a time of increasing uncertainties in the global market, experts said on Monday.
Monday's share price rebound shows A-share market sentiment will continue to pick up as supportive policies introduced earlier this year will further stabilize economic growth and inject impetus into the stock market, experts said.
The Shanghai Office of the China Securities Regulatory Commission said in a notice on Monday that efforts will be made to support listed companies' mergers, acquisitions and refinancing. Futures firms are encouraged to provide more risk management tools to support companies' production resumption from COVID-19 disruptions.
China's A-share market rose on Tuesday on expectations of more supportive policies for refinancing, mergers and acquisitions among listed companies, and prospects of their profitability improving in the future, insiders said.
After the seven-day Chinese Lunar New Year holiday, the A-share market made long-awaited decent gains as trading resumed on Monday. It was buoyed by anticipated policies for stabilizing economic growth and the bullish performance of overseas markets during the break.