Meanwhile, Beijing seems close to reaching a trade agreement with Washington, after a series of punitive tariffs that the two economic giants collided with each other in 2018.
Chinese negotiators did unprecedented proposals In forced technology transfers, a point of conflict in the talks, Reuters reported in late March. But the Secretary of the Treasury of the United States Steven Mnuchin On Monday he said the two sides still have a lot of work ahead of them.
Investors have been increasingly optimistic that an agreement could be reached between the two economic powers that would end their prolonged trade struggle.
Looking ahead, a strategist said that economic figures and corporate sentiment should improve over the next six months.
"We have started to see retail investors in China feeling a little more optimistic, but they have been busy trying to get their money back after a terrible year in 2018, so the money is not working at this time," Tai Hui, Chief market strategist of Asia-Pacific at JP Morgan Asset Management, said on Wednesday to CNBC's "Street Signs."
"I think the data, both in the economy and the corporate sector, will be very important to convince investors in China to return to the market, and that could be the key issue for the second and third quarter of 2019 for Chinese stocks. "
– Yen Nee Lee and Fred Imbert of CNBC contributed to this report.