Finally, good news! The interest rate of existing mortgage loans will be lowered by 0.5 percentage points, and there will be more favorable news coming. After the U.S. cut interest rates, this time, the initiative is in our hands. Cutting interest rates and reserve requirements will release liquidity funds for the market, which will be of great benefit to the economy in the future. As for whether housing prices will rise in the future, no one can predict it, but as long as the good news continues, the decline in housing prices will gradually stabilize, and the recovery will start from the four first-tier cities, followed by the second-tier cities. However, this time is very different from the past, from general increases to differentiation, so don’t have any expectations for the third and fourth tier cities, and don’t have too much expectations for non-core areas. Just remember that houses are for living, don’t think too much. As for A-shares, there is a high probability that there will be a lot of favorable news in the future, which is crucial to repairing market confidence, so look forward to more major measures in the future.