Poor governance blamed for securities market

Analysts and market participants have blamed low returns and poor corporate governance as major reasons for their lack of confidence in the bearish markets.

Chinese stock markets have struggled at fresh 6-year lows during the past week, but got a strong rebound on Friday after days of consecutive drops.

The Shanghai Composite Index, which covers yuan-denominated A shares and foreign-currency B shares, rose 42.33 points, or 3.58 percent, to close the trading at 1,223.57 points from 1180.37.

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