Shares of Chinese companies rose in price by the close of yesterday's trading, which came as a surprise to market participants. Analysts explain this growth in different ways - some consider it a technical rebound, others suspect government intervention.

By the end of the trading session, Hang Seng added almost 2% within a few minutes, although there were no visible reasons for this. Before that, it had been falling for seven consecutive days, the longest decline in a year and a half. The securities of about 50% of its constituent companies are oversold, the largest share in a year and five months.

In the absence of any news and events that could have triggered such an active growth on Tuesday, analysts speculated that it could have been triggered by purchases by Chinese state funds. However, other market participants linked the rally to information from the news portal Caixin over the weekend that the country may take stricter measures to eliminate financing-related risks.