Core Viewpoint - The market is expected to experience a resonance of policy, liquidity, and fundamentals in the short term, suggesting that investment strategies may shift towards a more aggressive stance [1] Group 1: Economic Policy and Market Conditions - The upcoming Central Economic Work Conference is anticipated to lead to an expansion of the broad deficit, with more proactive economic policies expected for 2026 [1] - Recent weak real estate sales data may prompt the Federal Reserve to consider interest rate cuts in December, which, combined with the current stability and appreciation of the RMB, could create favorable conditions for monetary easing in early 2026 [1] Group 2: Regulatory Changes and Market Sentiment - The National Financial Regulatory Administration has lowered the risk factor for insurance companies' equity market entry, which, along with the China Securities Regulatory Commission's renewed commitment to appropriately expand capital space and leverage limits, is expected to enhance market risk appetite [1]
长城基金：短期布局策略或可增加进攻性
Sou Hu Cai Jing·2025-12-09 06:32