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In the evening of 12.13, three big news were issued: margin financing and securities lending, pension asset management and financial risk prevention. Where is the A-share road?Nine departments, including the People's Bank of China, jointly issued the Guiding Opinions on Financial Support for Chinese-style Old-age Care Services for the High-quality Development of the Silver-haired Economy, encouraging old-age asset management products to allocate equity, stocks, bonds and other assets, and increasing the proportion of equity assets.The news is bullish to promote the stable and healthy development of the capital market. For the A-share market, I think the stock market should rise when there are major favorable policies. Institutional funds and various funds should have backbone and dare to do more when major favorable policies are released, so as to better boost confidence!

The Securities Industry Association of China emphasized that the principle of people should always be kept in mind, and the protection of investors' legitimate rights and interests should be placed at the core, so that the margin trading and securities lending business can truly become a powerful tool to serve the people's wealth growth and promote the healthy development of the capital market.2. Nine departments, including the central bank: encourage the allocation of equity, stocks and other assets by pension assets management products, and increase the proportion of equity assets allocation.1. China Securities Association: Let the margin trading and securities lending business truly become a powerful tool to serve the wealth growth of the people and promote the healthy development of the capital market.

Nine departments, including the People's Bank of China, jointly issued the Guiding Opinions on Financial Support for Chinese-style Old-age Care Services for the High-quality Development of the Silver-haired Economy, encouraging old-age asset management products to allocate equity, stocks, bonds and other assets, and increasing the proportion of equity assets.In the news, it is expected to bring real incremental funds to the A-share financial market, which is beneficial for the stock market to continue its upward trend in 2025.The central bank has also stepped up its efforts to support pension funds and other related asset management products to increase the proportion of investment in assets such as equity stocks, which is expected to bring more medium-and long-term incremental funds to the A-share financial market.