3. Emphasis on stabilizing the property market and the stock market. Beijing rarely mentions the stock market, showing its importance.1. In 2025, a proactive fiscal policy will be implemented that exceeds market expectations. It is estimated that the fiscal deficit ratio will exceed 4%, and I predict it will be about 4.5%.6. The layout direction remains unchanged, focusing on real estate and consumption in the short term; The mid-line focuses on low-altitude economy, AI applications, semiconductors, and new energy batteries.
My interpretation and evaluation:1. The contents of the meeting and the response from the external market will further boost market confidence, enhance the risk appetite of funds, and increase our chances and success rate of investing in financial markets.1. The wording of proactive fiscal policy and deficit shows the determination to exceed expectations, and other contents are basically in line with my expectations. It is reasonable for the market to interpret it as a major positive, and the positive reaction of foreign capital may be related to its large-scale layout of China assets and call options in the early stage.
2. After eleven years, the loose monetary policy is proposed again. Compared with the previous prudent policy, this easing will be more significant.6. The layout direction remains unchanged, focusing on real estate and consumption in the short term; The mid-line focuses on low-altitude economy, AI applications, semiconductors, and new energy batteries.4. Putting the expansion of domestic demand before the development of new quality productive forces shows the adjustment of policy focus.
Strategy guide
12-13
Strategy guide
12-13
Strategy guide
12-13
Strategy guide 12-13