CICC: After the previous adjustment, A-shares are expected to regain confidence and stabilize in the short term

ChainCatcher news, according to Jinshi reports, CICC's research report states that the Ministry of Finance has expressed a relatively positive stance, which is expected to boost investor confidence, as policy signals are being formed. On Saturday, the Ministry of Finance announced a package of incremental policy measures at a press conference held by the State Council Information Office. Against this backdrop, CICC believes that the market is likely to regain confidence after experiencing prior adjustments, with a short-term expectation of halting the decline and stabilizing. However, the rate of recovery may significantly slow down compared to before the holiday, and attention should be focused on the review of specific fiscal plans by the Standing Committee of the National People's Congress, which may convene at the end of this month.