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Analysts with Morgan Stanley said that there is likely more downside coming in the US market over the next month. But, they said,"This is still a bull market with lots of opportunity in single stocks."

Analysts stress the importance of the rail project for the CPEC, which they see as the cornerstone of the Pakistan-China bilateral relationship.

Analysts from Essence Securities said in a note that the A-share market is approaching the tipping point at which it transitions from a bear market to a bull market. Although the price earnings ratio has been up from that registered at the end of last year, most of the industries are still undervalued. Therefore, there is still room for further pickup of A shares in the long term.

And our two countries have issued the China-UK Strategic Plan for Financial Services. This has laid a solid foundation for closer cooperation on financial supervision and business partnership.

And the announcement led to a leap in the share prices of a number of local companies related to the projects.