A strong earthquake and higher inflation failed to rock stocks last week, indicating that investor confidence has returned, analysts said.
Profit for China's listed companies may grow 20 percent this year despite the strong quake that shook southwest China.
The subprime crisis has dampened Chinese investors' confidence in the market, but economists from both home and abroad have warned against a panic.
Declining export growth, notably affected by the U.S. credit crunch, is likely to drag China's GDP growth down to 10.5 percent this year, still above official target of 8 percent, a leading university research paper said.
China needs a relatively stable exchange rate and should not use another one-off currency revaluation to curb inflow of hot money, said Fan Gang, a central bank advisor.
Jim Rogers, co-founder of the Quantum Fund and a veteran US investor, said he was still confident in China's capital market.
China's steel sector, which is the world's biggest but fragmented, is expected to embrace unprecedented mergers and acquisitions (M&As) over the next three years, an industry association leader said.
The impact of the US subprime crisis on Chinese banks will be limited and their bottom line will not be significantly affected, the central bank governor said yesterday.
China's stock market will not turn bearish, said renowned Chinese economist Li Yining ahead of the annual session of the country's top advisory body.
China's banks will remain largely unaffected by the US subprime crisis, said a senior director at Standard & Poor's.
It's the best of times. It's the worst of times. For venture capitalists in China, there might be no better way to sum up 2007.
The Chinese stock market has remained fundamentally strong despite the looming threat of a global economic recession and the battering it took over the past several weeks.
