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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.This year's market is much better than that of the previous two years, but it still presents a bulldozer-like market. The future is bright, but the road will always be tortuous.That is to say, institutions have the function of short selling, while retail investors have no function of short selling. In order to reflect fairness, either institutions are not allowed to sell securities, then retail investors can also have the function of short selling. Securities lending brings pressure to the market, and retail investors can only make more money. Therefore, we should plan the margin financing and securities lending business, so as to truly protect the interests of investors!

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.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.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?

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!The central bank has also stepped up its efforts to support pension funds and other related asset management products to increase the proportion of investment in assets such as equity stocks, which is expected to bring more medium-and long-term incremental funds to the A-share financial market.