Founder Securities Economist Highlights Long-Term Bullish Outlook for China's A-Share Market
Yan Xiang, Chief Economist at Founder Securities, maintains a positive long-term outlook for China's A-share market despite recent volatility. He attributes this optimism to structural reforms that have shifted the market composition toward technology sectors like TMT and electronics, which now command significant market capitalization. The STAR Market and ChiNext are playing pivotal roles in supporting core technology development. Financial data from the first three quarters of 2026 shows robust corporate earnings growth, with combined net profits rising 8.5% year-on-year to RMB 5.1 trillion. Additionally, attractive valuations for major indices like the CSI 300 and increased shareholder returns through dividends and buybacks—totaling RMB 2.1 trillion this year—are expected to bolster market stability and international investor appeal.
Topics: capital market reforms China A-share market corporate earnings technology sector growth