Following the A-Share market's strong performance in late September and the post-Golden Week volatility, KraneShares Cultural Analyst Xiabing Su visited a brokerage firm in her hometown of Lanzhou to interview local investors and gauge their reactions and strategies.

Xiabing heard a range of perspectives, from seasoned investors to cautious observers. Two elderly women expressed confidence in the market's trajectory over the long term, viewing recent pullbacks as mere adjustments in a larger growth story. One of them stated, "Long-time investors like us are not in a hurry," emphasizing their belief that "volatility is necessary. It's like climbing a mountain; when you reach a peak, you have to rest, or you will be too tired to keep going."

Contrasting views emerged as Xiabing spoke with a skeptical investor who stated that he'd like to reevaluate the market in six months.

A common thread across the investors Xiabing spoke with was their high level of awareness surrounding the government's efforts to stabilize the market. An elderly gentleman with over 30 years of market experience shared his insights: "Currently, the government has been releasing policies one after another to stimulate the economy. With steady growth, investors will have time to understand that the country's economy is improving, and more will be willing to invest."

From new account openings to shifting investment strategies, Xiabing gives us a comprehensive look at how local investors are navigating the current market landscape and their expectations for China's economic future.