Dongwu Securities chief economist Lu Zhe said the logic supporting an A-share rally remains intact and the market is likely to stabilize further. Deeply corrected growth sectors could see repair. Some strategic funds have shown interest at recent lows, and large inflows into broad-based ETFs are supporting stabilization and suggest limited downside. With continued strategic fund support, the market could stage an upward rebound.

2026-07-22

Dongwu Securities chief economist Lu Zhe said the logic supporting an A-share rally remains intact and the market is likely to stabilize further. Deeply corrected growth sectors could see repair. Some strategic funds have shown interest at recent lows, and large inflows into broad-based ETFs are supporting stabilization and suggest limited downside. With continued strategic fund support, the market could stage an upward rebound.