Analysts expect sunny days ahead for bourses

With economists predicting robust growth in China this year, the nation's capital market is also expected to maintain its upward march bolstered by strong earnings numbers from listed firms, said a leading securities firm.

China's A-share market is likely to grow nearly 2.8 times over the world average of 20 to 30 percent, indicating that the benchmark Shanghai index could peak at around 5940 points this year, said Xiangcai Securities.

The market rebound will get help from moderate inflation and the better-than-expected performance of listed companies, said Li Kang, chief economist with Xiangcai Securities.