Chen Guo, chief analyst at CITIC Construction Investment, said at the 2025 capital market summit that this round is a “reassessment of confidence” and that the A-share market has set sail from a new historical starting point. According to CITIC Construction Investment data tracking, at present, the incremental capital situation in the A-share market has greatly improved, and there is a consensus that the market has abundant liquidity. The central bank's two major liquidity support instruments are easily exchanged, and special stock reloans are used to provide bottom liquidity support to the market. In the future, Chinese residents' excess savings will provide room for improving the liquidity of A-shares. As deflation expectations are reversed, other capital such as the bond market is expected to continue to flow into A-shares.

Chen Guo, chief analyst at CITIC Construction Investment, said at the 2025 capital market summit that this round is a “reassessment of confidence” and that the A-share market has set sail from a new historical starting point. According to CITIC Construction Investment data tracking, at present, the incremental capital situation in the A-share market has greatly improved, and there is a consensus that the market has abundant liquidity. The central bank's two major liquidity support instruments are easily exchanged, and special stock reloans are used to provide bottom liquidity support to the market. In the future, Chinese residents' excess savings will provide room for improving the liquidity of A-shares. As deflation expectations are reversed, other capital such as the bond market is expected to continue to flow into A-shares.