Core Viewpoint - The institutionalization of the securities market is crucial for its maturity and long-term stability, requiring a series of supporting measures to accelerate the transformation of the market [1] Group 1: Suggestions for Market Development - Promote interaction between the stock market and industries, creating new blue-chip companies in digital economy and artificial intelligence, similar to the "Seven Giants" in the US tech sector, which have a total market value of approximately $18 trillion, nearly a quarter of the total US market value [2] - Develop low-cost, low-volatility products centered around ETFs to adapt to institutional long-term holdings, as index investment has rapidly grown, with corresponding ETF products driving continuous inflow of incremental funds [2] Group 2: Institutional Transformation and Market Optimization - Optimize institutional transformation to create a new service system for the low-interest-rate era, as money market funds account for over 40% of public funds in China, necessitating a shift towards other fund types to enhance investment returns [3] - Improve pricing concepts and methods in the stock market to enhance valuation capabilities for new types of assets, focusing on the monetization and securitization of digital elements [3] - Establish a balanced evaluation system that combines functionality and profitability, ensuring that scientific pricing, market equilibrium, and the promotion of the real economy are key evaluation standards [3]