Strong fundamentals to drive mainland stock markets higher

A lot of voices were warning of another rout in the A-share market when it broke the previous low on Aug 5 and then bridged a gap left over from Feb 25 the very next session.

The market rebounded for several days and sentiment recovered until earlier this week.

A hot debate is underway whether the market is near the bottom or if the bearish sentiment will linger. Those who are long on the market are in the minority.