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At least some sections of the market believe such concerns are not completely unfounded. Investors tended to book profits this month in certain large-cap stocks that appeared to be expensive, having surged of late.

At least that’s how Shayn Hawthorne, general manager for AWS Ground Station, sees the situation.

At least 32 Chinese nationals were killed in a bus crash in the Democratic People’s Republic of Korea's North Hwanghae province on Sunday night. [Screen shot from CCTV]

At a symposium on Monday, Premier Li Keqiang stressed timely implementation of macro policies amid safeguarding employment, people's livelihoods and market entities. He also stressed fiscal, monetary and employment-oriented policies as well as further fee cuts and tax reductions for enterprises.

At one point, the researchers observed a local vessel invagination or a pouchlike cavity, which was caused by the interaction between the bubble and vessel and led to a capillary rupture.