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Analysts from Beijing-based Pacific Securities wrote in a note that there is limited room for A shares to hit record lows of the kind witnessed in June 2013 and January 2016.

Analysts said improved regulatory policies would create more opportunities for financial services platforms to enter the market.

And part of that is also sometimes to let go of control. We can't control everything because the brand is as much owned by our consumers as us. I mean, as I keep saying, "miracle water" came from our consumers. A whitening essence that we have is called "a little light bulb", which is a name that came from the consumers. Our mask is called the "ex-boyfriend mask", which also came from the consumers. So, sometimes you let go of control. You let the consumers decide what the brand stands for and you accept it. I mean, that's how you relate.

Analysts point out that easing ownership control is just one initial step, and foreign investors still have a long way to go to make money in the growing securities trading market.

And, the urbanization is still not complete. "City clusters are key to the development of a country. The United States, the UK and Japan all have major city clusters that represent 60 percent of the country's GDP, but for China the Pearl River and Yangtze River delta regions and the Jing-Jin-Ji region contribute only 38 percent to GDP," Shao Chunfu, professor at Beijing Jiaotong University, told the website railprofessional.com.