China’s three major A-share indices turn positive; ChiNext had fallen over 3%

The recovery in China's growth-focused ChiNext board after a sharp morning slide points to how quickly sentiment can reverse within a single session, rather than to any change in the underlying backdrop. The episode matters most for investors exposed to the growth-heavy segments of the A-share market, where intraday swings of this size can amplify moves in related risk assets. Whether the rebound holds into the close, or proves a brief bounce, is the open question worth watching.