LOGO

guan lei ming

technical director | java

a-share market "counter-cyclical" opens a new chapter: policy signals, market sentiment and future prospects

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

the pace of policy signals exceeds expectations

several recent important events have promoted the rebound of the a-share market. on september 24, the politburo held a meeting to analyze and study the current economic situation and economic work, and made it clear that "effectively implement existing policies and increase "strive to launch incremental policies" is undoubtedly an upgrade in the pace of policy signals.

macroeconomic policies continue to strengthen

in addition to policy signals, macroeconomic policy support has also been significantly enhanced. based on the counter-cyclical adjustment of fiscal and monetary policies, this politburo meeting for the first time clarified the tone of promoting the real estate market to "stop falling and stabilize". in addition, the meeting also clearly stated the goal of boosting the capital market and vigorously guiding medium and long-term funds to enter the market. this is not only a reflection of the party central committee’s great emphasis on the capital market, but also an important policy measure aimed at further leveraging the key functions of the capital market. .

future outlook

the sustainability of the market rebound will be affected by policy signals, market sentiment and future expectations. in terms of monetary policy, the rrr cut will be combined with the interest rate cut and the existing mortgage interest rate adjustment will be implemented. the intensity and pace of the policy can be paid attention to. in terms of fiscal policy, attention will be paid to the issuance of ultra-long-term special government bonds and local government special bonds during the year, and the implementation of subsequent incremental fiscal policies.

with the continuous release of policy signals and changes in market sentiment, the future development of the a-share market will show a clearer and more stable direction.

2024-09-27