At the beginning of February 2024, the A** field ushered in a round of unexpected big **, and the market direction has changed significantly. Looking back on 2023, the securities lending business and even the entire refinancing mechanism will continue to ferment amid doubts. After waves of regulatory policy adjustments, finally in the new year, the regulator announced that it would stop adding new refinancing securities business. This menacing decision-making ushered in a big one.
For the suspension of new refinancing business, this decision means a dynamic balance of the regulator to curb the power of the bears in disguise, so that the market has ushered in a new pattern. For investors, this is undoubtedly a positive and to some extent relieves the short-term pressure on the market. The suspension of new refinancing securities business can be seen as the regulator's active response to market fluctuations, once again escorting the long-term development of the capital market.
After the suspension of the new refinancing securities business, the short-selling power of the market has been suppressed to a certain extent, which has contributed to the sharp rise of the market to a certain extent. Under the guidance of regulatory policies, market forces seem to have ushered in a new starting point, and the limitation of bearish power is expected to create more favorable conditions for the stable development of the market. This also confirms the correctness and necessity of the regulatory policy from the side, and the big ** provides the best evidence for this decision.
The adjustment of regulatory policies and the response of the market constitute a good situation of mutual coordination and mutual promotion. The market is no longer too volatile due to the adjustment of regulatory policies, but more in the face of new policies and decisions in a positive manner. This transformation will lead to a more stable and sustainable market development.
It is foreseeable that the cessation of new refinancing securities business will not only help stabilize market sentiment, but also be an important measure for regulatory policies to promote the market. The forward-looking and flexible regulatory policies have effectively alleviated the market's doubts and worries and guided the market to a more benign direction. It is expected that the regulatory policy will bring more market stability and improvement.