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CITIC Securities' strategy meeting offers insights: the market has reached the starting line of an annual-level rally, and may welcome 500 billion yuan of incremental funds next year.
Golden Ten Data reported on November 12, "A-shares are currently standing at the starting line of the annual marathon market. Qin Peijing, chief strategist of CITIC Securities, pointed out that "in 2025, A-shares will experience a round of annual pump market, and A-shares will usher in a new round of profit upward cycle in the second half of 2025. Qin Peijing said when looking forward to the investment strategy in 2025, “The implementation of the two financial instruments will bring incremental funds of 400-500 billion yuan at least next year.” Under the special relending tool, it is expected that the repurchase scale of the A-share market in 2025 is expected to rise and approach 200 billion yuan; Central Bank announced that the first batch of SFISF applications has exceeded 200 billion yuan, which is expected to effectively enhance market liquidity. ”