万联证券：金融街论坛释放出多项积极信号

Group 1 - The 2025 Financial Street Forum annual meeting opened in Beijing, focusing on "Innovation, Transformation, and Reshaping Global Financial Development" [1] - The Chairman of the China Securities Regulatory Commission, Wu Qing, delivered a speech emphasizing the role of comprehensive reform in promoting high-quality development of the capital market during the 14th Five-Year Plan [1] - Xu Fei, head of the research institute at Wanlian Securities, noted that the speech signals further deepening of capital market reforms and enhancement of the inclusiveness and coverage of the multi-level capital market system to better serve China's high-level technological self-reliance [1][2] Group 2 - The speech highlighted that high-quality listed companies are the cornerstone of stable capital market operations, with measures to broaden merger and acquisition channels and improve the market ecology for long-term investments [1] - These initiatives are expected to solidify the foundation for market stability, continuously enhance the quality of listed companies, and increase the attractiveness and competitiveness of China's capital market [1] - As the quality of listed companies and the proportion of medium- to long-term investment funds increase, market stability and attractiveness are anticipated to significantly improve [1]