Chinese equity market remains 'amazingly resilient': analyst

WASHINGTON - The Chinese equity market remains "amazingly resilient," and the value for the next drive forward for the Chinese market will still be tech-led, said Andrew Maynard, an analyst of Chinese investment bank China Renaissance.

Global investors are also starting to continue to put their money in the market and global market flows still favor China at least into the first half of 2021, Maynard told CNBC in an interview on Tuesday.

"And really we're sort of still hoping that the first half at least of 2021, we still continue to see some upside not only for the Chinese market on the mainland, but also for the A shares," he noted. "So overall still cautiously optimistic ... we would look so again at least into the first half. Still see this momentum to continue."

The expert said his firm is becoming "a little bit more cautious" in its China market outlook toward the second half of the year as the global economy starts to recover and as the vaccine levels start to really sort of take hold.