Policy expectation:According to the data of the State Administration of Foreign Exchange, by the end of November, 2024, China's foreign exchange reserves were US$ 3,265.9 billion, up US$ 4.8 billion from the end of October, and its gold reserves also increased.Stock market performance and outlook:
The activity of the stock market has recovered, both the Shanghai Composite Index and the Entrepreneurship Index are on the rise, and the market as a whole is in a state of bullish momentum.According to the news about the China stock market over the weekend, the following are some key points.Foreign exchange reserves and gold reserves:
Macroeconomic policies:The market expects that the Central Economic Work Conference will be held in December, which may release more favorable policies and support the A-share market.Xinhua News Agency commented that the central government has a large room for borrowing and deficit improvement. Looking forward to the closing year of the 14 th Five-Year Plan in 2025, the space for fiscal policy development has attracted much attention.