With only three months left in 2024, I boldly predict that the following five phenomena will occur in society:

First, more and more people will open stock accounts and enter the stock market. It is expected that the Chinese stock market will usher in a new wave of sharp rises. The Shanghai Composite Index is expected to hit the 4,000-point mark. The streets and alleys will be filled with discussions about the stock market, and the atmosphere will be warm and festive.

Second, the continued hot stock market will attract more middle-aged and elderly investors and the young generation born after 2000 to join the ranks of stock speculation, forming a wave of stock speculation for all people, further accelerating the progress of the bull market.

Third, as funds are transferred from banks to the stock market, the total amount of bank deposits will decrease rapidly. People have changed from crazy savings before to crazy investments now, and there has been a big reversal in the flow of deposits.

Fourth, the wealth effect of the stock market will drive the recovery of the consumer market. During the National Day, there will be a surge in people, and tourism consumption is expected to hit a new high. Online shopping during the Double 11 period is also expected to pick up, and the doorsteps of many families will be filled with express parcels.

Finally, as first-tier cities such as Beijing, Shanghai, Guangzhou, and Shenzhen relax restrictions on real estate purchases, the real estate market will begin to pick up, sales offices will see a rebound in popularity, and some properties will begin to raise prices, with the real estate market heading towards a stabilization.