Analysts Expect A-Share Market Rebound in October

The call is less about direction than about sequencing: a broad oversold bounce first, then a split as earnings take over as the sorting mechanism. That matters because it implies the easy, index-level part of any recovery is treated as temporary, and the durable part depends on third-quarter results validating valuations. The practical read is that dispersion, not beta, is where October's risk concentrates — particularly for names whose rebound has run ahead of any earnings confirmation. Whether the rotation toward earnings verification actually materializes, or the repair phase simply stalls, is the open question.