After meltdown, rebound seen

Analysts focus on brighter side of bottoming out; decry stock investor panic

Signs have brightened that China's A shares have bottomed out and their mid- and long-term prospects appear good, market insiders said.

Gao Ting, head of China market strategy at UBS Securities, said A-share investors have been ignoring good news such as better economic data and higher probability of more measures for deleveraging. Instead, there are unfounded fears of further tightening of market regulations and fast-growing concerns over pledging of stocks.