Guosheng Securities pointed out that the Fourth Plenary Session of the 19th CPC Central Committee will be held in Beijing from October 28 to 31. After the temporary easing of Sino US trade disputes, the current fundamental pattern has evolved into "declining economic growth + accelerated stock market expansion (registration system reform) PK policy countercyclical adjustment + relatively loose funds". The convening of an important meeting is bound to trigger the market's imagination of increasing counter cyclical regulation of policies. However, before the promulgation of specific measures, there should not be too much subjective speculation. Back on the disk, the market continued to fluctuate in the middle rail position between 2800-3050. Thanks to the support of bank stocks and the expectation of major conference policies, there is a high probability that the market will continue to maintain balance and fluctuate.
(Securities Times)
