Publicly raised funds interpret "a package of financial policies": Increasing fiscal space may help maintain the vitality of A-shares.

date
11/05/2025
Public institutions point out that, compared with the comprehensive policies issued on September 24th, stabilizing the economy has a higher priority at this press conference. The goal of the policies at this meeting is to boost demand, with a strong inclination towards policies for the technology industry. "This meeting is different from September 24th, but it does not change the upward trend of the market. First, the performance verification period has just passed, and the pressure from the subsequent decline in external demand may gradually appear. Second, the market position and risk bias of this meeting are significantly different from September 24th. Third, the policy on September 24th directly reversed the market expectations from '0 to 1', while this meeting is mainly the implementation of the April Political Bureau meeting, and plays a role in 'stabilizing expectations' in the context of intensified changes in the external environment."