On the afternoon of September 26, the A-share market officially closed, and the three major indexes continued to rise in the afternoon, with the Shanghai Composite Index finally closing up 3.61%, successfully returning to the 3,000-point integer mark, with a single-day increase of more than 100 points; The Shenzhen Component Index closed up 4.44%, and the ChiNext Index closed up 4.42%; The BSE 50 rose 2.97%. On the same day, the turnover of the two cities reached 1,162.4 billion yuan, an increase of more than 5.1 billion yuan compared with the previous trading day; The market showed a net inflow, with a net inflow of more than 14.7 billion yuan. Across the market, stocks showed a good picture of more gains and less losses, with a total of 5,143 stocks rising and only 177 stocks falling. Among them, there are as many as 151 up-limit stocks and only 3 down-limit stocks.
At the news level, according to Xinhua News Agency, the Political Bureau of the CPC Central Committee held a meeting on September 26 to analyze and study the current economic situation and make arrangements for the next step of economic work. The meeting declared that it is necessary to issue and rationally use ultra-long-term special treasury bonds and local government special bonds to further play the driving role of government investment. It is necessary to reduce the reserve requirement ratio and implement measures to cut interest rates with vigor. To promote the real estate market to stop falling and stabilize, for the construction of commercial housing, it is necessary to strictly control the increment, optimize the stock, improve the quality, increase the loan delivery of "white list" projects, and support the revitalization of the existing idle land.
In this regard, many analysts have pointed out that from the clear signal released by the high-level meeting, it is very likely that a series of intensive policies will be introduced one after another, and a considerable part of the strength and influence of the policies will greatly exceed the original expectations of the market.
It is important to know that the formulation of policies is often based on accurate research and judgment of the macroeconomic situation and in-depth insight into the development trend of various industries. For example, in the current critical period of economic transformation and upgrading, in order to promote the rapid development of emerging industries, targeted support policies may be introduced, including increasing financial investment and providing tax incentives.
And in terms of today's market performance, those large-capitalization stocks, such as Kweichow Moutai, Ping An of China, Wuliangye, etc., have shown an extremely significant pattern of rushing for funds. Kweichow Moutai, as a leading enterprise in the liquor industry, its brand value and market position are unshakable. Ping An has an extensive business layout and a deep customer base in the insurance field. Wuliangye, with its unique brewing process and high-quality product quality, is favored in the market.
The scramble for these large-cap stocks is no accident, and it reflects the market's unwavering bullishness on high-quality assets. This means that in the coming period, their subsequent upside is by no means ordinary, and may even far exceed the consensus expectations of the market. From the perspective of historical experience, whenever there is a similar pattern of scrambling in the market, it often indicates that a relatively strong upward trend is coming.