China’s market run is slowing down. The CSI 300 Index is now forecast to close out 2025 at just 4,675 points, a tiny 1.2% gain from this Monday, according to 16 analysts reportedly surveyed by Bloomberg. That’s after the index already rose 17% this year. And it gets worse. By next June, those same analysts expect a mere 5.5% rise. What began as an AI-fueled breakout is now looking like a stall.