Iii. Yan Dongwei: The State Integrated Circuit Fund and Jingguorui plan to reduce their shares by no more than 2%.The meeting exceeded expectations, China's assets rose sharply across the board, and it is also possible to have a daily limit of 1,000 shares.Second, strengthen unconventional countercyclical adjustment, which is the first time in history to put forward "unconventional" at the Politburo meeting level!
It also emphasizes improving investment efficiency. How to improve it? It is nothing more than the house rising and the stock market rising. In the current environment, it is very good that the property market can stabilize, and the only attack is the stock market. So when the contents of the meeting came out, China's assets skyrocketed across the board, which was quite crazy! Why is the reaction so big? It's just that the meeting was too unexpected.Fourth, stabilize the property market and stock market to improve investment efficiency. Pulling the stock market to the height of real estate, it is the first time that it has such a high status, which affirms the meaning of the stock market to the economic pillar.Yesterday, the U.S. stock market went flat, but the China Stock Index soared by over 9%, and China rose by over 22% when it was three times richer! In addition, A50 rose more than 5% after the closing of A shares, Hang Seng Index rose 3%, and Hang Seng Technology rose 4.5%. China's assets are really crazy. It feels very much like October 8th today. It is estimated that A-shares will rise by 3% at the opening, and the direct daily limit of 1,000 shares will not be ruled out. But what will happen after the big opening? Then we'll see.
The Political Bureau of the Communist Party of China (CPC) Central Committee held a meeting, which emphasized the implementation of more active and promising macro policies, expanding domestic demand, promoting the integrated development of scientific and technological innovation and industrial innovation, and stabilizing the property market and stock market. Implement a more proactive fiscal policy and a moderately loose monetary policy, enrich and improve the policy toolbox, strengthen unconventional countercyclical adjustment, and lay a good policy "combination boxing" to improve the foresight, pertinence and effectiveness of macro-control.This favorable domestic computing power replacement, Huawei computing power, etc., may mean a major breakthrough in domestic GPU and AI chips, we will wait and see! However, it is bad for A-share NVIDIA concept, optical module and other supply chains.Judging from the late performance of Hong Kong stocks, big finance, real estate and domestic demand consumer stocks led the gains. Today, A shares are estimated to be in these directions. Once the big finance, big consumption and real estate chain start, it may directly impact 3500.