🧠 Where does China's confidence in its moves come from? "Stabilization Fund" + "Combination of Punches" stabilize the market

On the month of April, Chinese regulators joined forces to take action, and the national team's market-stabilizing operation, dubbed the "Chinese version of the stabilization fund" by foreign media, was officially launched:

🔸 The national team increases holdings of weighted assets

Central Huijin made it clear: It will continue to support the market without softening, focusing on increasing holdings of bank stocks, central enterprise ETFs and other core assets.

🔸 Policies continue to be intensified

The China Securities Regulatory Commission optimizes the margin financing and short-selling and reduction of holdings mechanisms; the Ministry of Finance studies expanding the fiscal deficit space to release long-term liquidity.

🔸 Institutionalized design is promoted

Discussing the establishment of a normalized stabilization fund mechanism, referring to international sovereign wealth funds, using systems to counter extreme market fluctuations.

🔍 CITIC Securities Huang Wentao commented: "The policy intention is clear, the toolbox has opened the first layer, and the trend of foreign capital outflow is expected to reverse."