Core Viewpoint - The article discusses the recent press conference held during the National People's Congress, highlighting the importance of long-term capital in stabilizing the capital market and the measures being taken to enhance the entry of such funds into the market [1][3]. Group 1: Long-term Capital Market Strategies - The People's Bank of China has guided securities and fund companies to conduct two batches of swap operations, exceeding 1 trillion yuan [1]. - Over 400 listed companies have publicly disclosed stock repurchase and increase loan information, with a loan limit of nearly 80 billion yuan [1]. - The regulatory bodies are working to remove barriers for long-term capital entry, focusing on social security, insurance, and wealth management [3]. Group 2: Fund Development and Reforms - The number of registered equity funds has significantly increased, with 459 new funds registered since September, accounting for 70% of total fund registrations [3]. - The scale of equity funds has grown from 6.3 trillion yuan to 7.7 trillion yuan, increasing their share of total public fund assets from 20% to 24% [3]. - A phased reduction in comprehensive fund fees is expected to save investors over 45 billion yuan annually [3]. Group 3: Market Performance and Dividends - The market value of A-shares held by various long-term funds has risen from 14.6 trillion yuan to 17.8 trillion yuan, marking a 22% increase [4]. - Insurance funds and various pension funds have net bought approximately 290 billion yuan in the A-share market since September, supporting market stability [4]. - The total market dividends are projected to reach 2.4 trillion yuan in 2024, setting a historical high [4]. Group 4: Regulatory Enhancements - The China Securities Regulatory Commission (CSRC) has revised over 50 rules since the introduction of the new "National Nine Articles," enhancing regulatory efficiency [5]. - The CSRC is focusing on strict enforcement against serious violations such as financial fraud and market manipulation [6]. - Measures have been taken to improve market stability, including the suspension of certain trading practices and stricter regulations on share reductions [7]. Group 5: Support for Technology Enterprises - The CSRC aims to establish specialized support mechanisms for technology companies, utilizing green channels and listing standards for unprofitable firms [10]. - There is an emphasis on increasing the supply of financial products to support technology innovation, including bonds and convertible bonds [12].
入市“长钱”明显多了!吴清,重要表态
21世纪经济报道·2025-03-06 10:18