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Today’s market viewing was interesting. The oil & gas and insurance sectors suddenly surged, literally turning the market from a decline to a gain. CITIC Securities followed suit and strengthened, but other brokerages performed mediocrely, which really explains the situation.
On the surface, the market is rebounding, but a closer look reveals that the strength of this rebound is being subtly controlled. Why? Because if the brokerage sector collectively takes off, the main index could easily surge above 4500 points. But clearly, that doesn’t align with current expectations.
This is what is called the art of regulation. On one hand, it’s necessary to stabilize market sentiment and give investors hope; on the other hand, it’s important to suppress the pace of gains to prevent risks from excessive speculation. Being caught in the middle requires precise handling—neither allowing the trend to become too crazy nor letting the market cool off completely. It may seem casual, but every step is carefully calculated.