Global investment bank analysts warn that the Chinese government's "national team" injected up to 170 billion yuan (approximately $25.5 billion) into the stock market this month to prop up the market. While this helped the benchmark CSI 300 Index rise by 0.68% on Wednesday morning, it is insufficient to reverse the market's decline or bring about a lasting rebound.

Analysts point out that the national team's intervention aims to stabilize the market and prevent systemic risks, but a sustained market rebound will depend on the recovery of corporate earnings and domestic demand.