CITIC Jiantou Securities is actively applying for the third batch of the
securities-funds-insurance swap facility (SFISF). In a Market Talk note on Nov.
3, chief economist Huang Wentao said recent A-share volatility has moved the
market into a bottoming range and identified three factors that could drive a
rebound: coordinated regulatory measures to stabilise market confidence,
improving third-quarter earnings, and noticeably more attractive valuations in
certain sectors.