SFC Three Times Voicing Shows That The Decision To Rescue The Market Is Not Decreasing.

This Monday

In the crash, people did not see the "national team" figure, so some people suspect that management has given up saving the market.

In yesterday's (July 28th) article, some experts have expounded the view of the absence of the national team: "the national team" is by no means abandoning the bailout market, but it may not arrive at that time.

Yesterday, although the index still fell a bit, but we finally see the "national team" figure, banks, brokerage stocks have been good performance, some substantive themes.

It is also obviously pushed up by the support fund.

Once again, the management has made a clear statement of its determination to make decisions with practical actions. There is no need to doubt this.

The practical actions of management will help restore market confidence.

On Monday night, a private friend chatted with me for a long time. The biggest worry on that day was that he gave up doubts about the management to rescue the market.

He said, "the fund has disappeared for several days. Did he really give up the resistance?" I told him clearly: "don't worry, it will definitely come out when it comes out."

When I was in communication with this friend, the SFC issued the first announcement, which was further verification of the OTC asset allocation business.

The news gave an explanation for Monday's crash, which is the same as my judgement.

At 11 o'clock that evening, the SFC issued second announcements, which clearly stated that the withdrawal of the national team and the no longer bailout of the market were "totally out of line with the facts". The SFC further stated that the company did not withdraw and would increase its holdings.

Yesterday, the securities and Futures Commission said that it had organized law enforcement forces to focus on the verification of related clues such as selling stocks on Monday.

In less than 24 hours, the SFC issued a three degree voice to stabilize the market. What reason do we have to doubt the determination of the management to rescue the market? From the perspective of A share performance, although the index did not turn red yesterday, the decline narrowed obviously, indicating that the "national team" fund has already been launched and has achieved certain results.

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Performance shows that the market has changed the poor situation of Monday to some extent, and it has become lively again.

For the future market, I don't think it is necessary to be too pessimistic. If the market is still unable to rebound, I believe the management will have further action.