Guotai Junan: After the adjustment, the stock market will rebound.

Jinshi data news on October 14th, Guotai Junan research report stated that looking ahead, after the adjustment, the stock market situation has not ended, and there is hope to rejuvenate and promote the market Rebound: 1) The change in the attitude of decision-makers towards the economic situation and the Capital Market is an important logical basis for the current promotion of the warming of the stock market and the maintenance of risk appetite, that is, the bottom line is clear, which is very critical; 2) The loosening of financial policies on September 24th opens up the space for a decline in risk-free Intrerest Rates, which is expected to drive continuous inflows of incremental funds into the market; 3) Expansionary fiscal policies focus on solving debt deflation and also open up the possibility of future economic stabilization and inflation recovery in the market. In terms of pricing, such as a nominal decline in Intrerest Rates + asset inflation expectations, this is favorable and crucial for the mid-term prospects of the stock market.