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I think the starting point of the policy is stability and the foothold is rising.The property market has stopped falling and stabilized, taking living as the standard.The stock market is rising steadily at a high speed, which should match the national economy and make up for the losses in the property market.

This document is to stabilize the stock market and the property market. Why be steady? Because the situation is unstable.How stable? How stable is it?Compared with September 30th, it is undoubtedly conservative. It is expected that the market will rise by 6% tomorrow. But it is also very high, and it does not meet the requirements of steady growth, so be conservative.

I think the starting point of the policy is stability and the foothold is rising.How to stabilize? First, improve the system for the primary market; second, steadily expand the channels and volume of capital increase; third, crack down on market disruption, which is divided into two aspects: subject and object. First, rectify the supervision team (the new team has come to power); second, strictly regulate institutions and foreign capital; third, crack down on speculative stocks (more than 100 cases have been handled recently); and finally, let retail investors make money (vigorously issue passive index fund A500, etc.). The fourth is to rectify the market, eliminate the fittest, increase the appreciation of core assets and withdraw from the market.Compared with September 30th, it is undoubtedly conservative. It is expected that the market will rise by 6% tomorrow. But it is also very high, and it does not meet the requirements of steady growth, so be conservative.