Quotes from the news wire:
People have been positioning with the belief everyone will be selling on Jan 8. (But) even if they extend it, in six months' time you will have the same problem again, in this time of high volatility, the key thing is to make sure all your holdings are long-term investments. We don't tend to trade back and forth when you get this kind of market.
Some of the recent policy measures taken by China's authorities in the markets have been quite puzzling and it hasn't really increased confidence among foreign investors, that has prompted some investors to closely follow the intervention tactics taken by authorities rather than analyzing and investing fundamentals which we think is required.