关键时期！股市：一个重要信号

Group 1 - The article emphasizes the importance of stabilizing the stock market as a key measure to enhance consumer confidence among the public [2] - It highlights the need for coordinated efforts in four areas: improving institutional frameworks, optimizing market mechanisms, strengthening investor protection, and enhancing policy coordination to achieve stable growth in the stock market [2] - The article notes that the stock market has seen a significant increase this year, with the Shanghai Composite Index rising nearly 20%, but has recently stagnated around the 3800-3900 point range [2] Group 2 - The recent fluctuations in the A-share market are attributed to external factors such as "tariff" news, yet the market remains supported by government backing [3] - As of October 21, 2025, the A-share market is experiencing a broad rally, with major indices all showing gains, particularly the ChiNext Index which rose by 2.97% [3] - Gold prices have also increased, driven by factors such as the potential U.S. government shutdown and tariff news, with Goldman Sachs raising its 2026 gold price forecast to $4900 per ounce [3] Group 3 - The stock market has faced adjustments due to external news and profit-taking pressures from significant gains in various sectors this year [4] - Despite potential downturns, the support from the government for the stock market is unprecedented, and there are accumulating positive factors that could lead to further market growth [4] - Future market movements are expected to have limited downside, with ongoing developments such as the 14th Five-Year Plan and potential progress in U.S.-China negotiations [4]