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Analysts from Morgan Stanley Huaxin Fund Management Co Ltd wrote in a note that Chinese people will allocate more of their household assets to equity investment in light of the low interest rate at the moment. As the market sentiment stabilizes, additional capital will continue to flow into the A-share market, which will bolster the positive, long-term outlook for the A-share market.

Analysts expect Prayut to eventually win as prime minister, gaining votes not only from the Lower House but also from all the 250 appointed Senate members.

Analysts at many international institutions may have reached a premature conclusion that China's external demand will shrink by more than 50 percent and the shock to the economy from COVID-19 will be more severe than the 2008 global financial crisis. Their forecasts are based on assumptions that various countries will not roll out massive stimulus packages, and that international organizations will not effectively carry out international coordination of risk management.

Analysts from China Securities wrote in a note that the first companies included in the Shanghai-London Stock Connect are very likely to be from the UK's FTSE 100 index, focusing on traditional economic sectors such as finance, energy, industry and consumption.

An oil refinery in New Orleans, US. [Photo provided to China Daily]