Analysts flag up seasonal peak, advise cuts

While the Chinese economy has shown signs of stabilizing in the first quarter, analysts warn the stock market may be reaching a seasonal peak.

They have advised investors to trim their positions in order to guard against the risk of rising volatility.

China's A-share market experienced turbulence last week with the benchmark Shanghai Composite Index hovering around the psychologically sensitive level of 3,000 points. The sudden single-day decline of 2.31 percent on Wednesday triggered fears and selling pressure in the market.