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Comparison of Monetary Policy Actions and Central Bank Communication on Tackling Asset Price Bubbles-Evidence from China's Stock Market.

PLoS One · 2016 · PMC5112855 · PMID 27851796

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a positive trendno p-value reported
After that, the China’s stock market embraces a rapid expansion following the reform of listed companies’ shareholder structure in 2006, when we can see in the figure that the response climbs up and leads a positive trend again.

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Quoted from the open-access full text in Europe PMC under the licence the publisher applied. The sentence is reproduced exactly as published; the emphasis is ours.