Pundits said Fosun’s acquisitions are aimed mainly at bringing new brands and products to Chinese consumers and have less to do with entering new markets because Chinese consumers today are many and they are much more sophisticated than they were five years ago.

"Numerous pundits and outlets, largely out of political bias, got it completely wrong," he wrote.

Although the drivers of the Chinese A-share market rally — small-caps, large-caps, chipmakers and, today, engineering and construction stocks — have been changing in quick succession over the past few months, the market remains solid and fairly insulated from external volatility as the ongoing economic recovery will likely sustain the bull run this year, equity pundits said.

Pundits urge stronger regulation of rate hike risks and asset-liability structureFinancial experts in China said Silicon Valley Bank's demise in the United States appears to suggest it is probably time for the US Federal Reserve to reconsider sustained aggressive rate hikes, which many believe have caused lethal liquidity problems in banks like SVB.

The planned expansion of the Hong Kong Special Administrative Region's stock trading links with the Chinese mainland will raise liquidity in the city's capital pool while further boosting national efforts to open up its financial markets, financial pundits said.