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The news is bullish to promote the stable and healthy development of the capital market. For the A-share market, I think the stock market should rise when there are major favorable policies. Institutional funds and various funds should have backbone and dare to do more when major favorable policies are released, so as to better boost confidence!Margin trading is one of the main businesses of securities firms. Financing is to provide investors with appropriate financing funds, which will bring incremental funds to the market. Securities lending is a short-selling function, which increases the selling chips for the market. Generally, there are very few institutions that can get the source of securities lending.In the evening of 12.13, three big news were issued: margin financing and securities lending, pension asset management and financial risk prevention. Where is the A-share road?

2. Nine departments, including the central bank: encourage the allocation of equity, stocks and other assets by pension assets management products, and increase the proportion of equity assets allocation.The Securities Industry Association of China emphasized that the principle of people should always be kept in mind, and the protection of investors' legitimate rights and interests should be placed at the core, so that the margin trading and securities lending business can truly become a powerful tool to serve the people's wealth growth and promote the healthy development of the capital market.

1. China Securities Association: Let the margin trading and securities lending business truly become a powerful tool to serve the wealth growth of the people and promote the healthy development of the capital market.2. Nine departments, including the central bank: encourage the allocation of equity, stocks and other assets by pension assets management products, and increase the proportion of equity assets allocation.3. He Lifeng: We should effectively prevent and resolve financial risks and external shocks in key areas in an orderly manner to promote the stable and healthy development of capital markets and other fields.