The first trading day after the National Day holiday has seen a high opening and low closing of the Chinese stock market. The Shanghai Stock Exchange Composite Index closed with an increase of 4.59 percent approaching 3,500 points. Will the rise continue? Is it good timing for individual investors to buy in? Talking Business believes that to a great extent the rise is a result of investors’ optimism about policies. The market is expecting to see whether the policies will be effectively implemented, whether the economy will be on a stable upward trend, and whether the fundamentals of listed companies will improve. A bull market is not just driven by higher liquidity. More needs to be done in curbing illegal activities in the capital market and reforming the market so that the market plays a vital role in enabling the fittest to survive.