Bearish sentiments uppermost

Bearish sentiments are likely to hover over China's post-holiday stock market as market liquidity again concerns Chinese investors.

According to an online survey conducted by Sina.com, one of the largest portal websites in the country, more than 50 percent of netizens said the stock market would probably maintain the downward momentum after the National Day holiday.

The Shanghai index fell 4.2 percent in the week prior to the holiday, the most in six weeks, as commodity prices slumped and investors speculated rising stock supply would divert funds from existing equities.