Multiple brokerages expect China’s A-share market to be neutral-to-optimistic in
Q4. Zheshang Securities projects the “diamond structure” will persist and
assesses domestic policy and broad-market valuation as neutral-to-slightly
optimistic, supporting an overall neutral-to-optimistic stance. Guosen
Securities says the post-Q3 correction has not ended the bull market and further
upward evolution remains possible. Xiangcai Securities expects macro and
fundamentals to stay relatively strong for most of Q4 2026, forecasting a
defensive, earnings-driven slow bull. Across firms, technology is seen as having
a potential second-wave opportunity, with AI remaining a primary Q4 allocation
theme.
