Hong Kong stocks HSI rose again by 9.23% during the National Day holiday, laying the foundation for the high opening of A-shares after the holiday.

Bairen Medical issued an announcement on October 7 that it would use new re-lending tools to increase its holdings of stocks, and then changed to use its own or self-raised funds. This morning, Bairen Medical rose by 20%.

Many banks have opened 7x24-hour bank-securities transfer services and advanced the time of three-party transfer business to ensure liquidity.

Xu Zhong, vice president of the National Association of Financial Market Institutional Investors, pointed out that the creation of new monetary tools does not mean that the central bank will directly expand its balance sheet, but it is to improve the long-term market system. Bank credit funds cannot enter the stock market, which is still a red line

Qin Shuo: From policy-driven bull market to new quality long bull market

After the opening, many brokerage exchanges failed, and the time for breaking the trillion-yuan trading volume was refreshed again (unlike the failure of the Shanghai Stock Exchange server, this time only affected some brokerages)

At 10:18 on October 8, the financial management department has conducted window guidance, and bank credit funds are strictly prohibited from entering the stock market in violation of regulations

National Development and Reform Commission: Continue to issue ultra-long-term special treasury bonds; expand the scope of support for local special bonds; study tax support for unemployment insurance, assist enterprises to stabilize employment; expand domestic demand and increase policies to benefit people's livelihood and promote consumption.

Summary: The official attitude is that monetary policy and fiscal policy will work together to improve fundamental expectations. While building confidence, we should lay a good foundation, but don't let capital prices be quickly copied. Combined with the previous trend of the national team CICC mainly buying broad-based ETFs, it can be seen that the country hopes to go slow and long this time. Try to be like the United States in the future, and invest in indexes to make the whole people rich. It can be expected that policies will not pour cold water on the market in the short term, but will frequently use other means to calm the market.