Class A share volume soared! A50 straight line jerk, analysts: there are three main driving forces

On August 30th, class A shares rebounded strongly in early trading. After opening slightly lower, the major indices rose sharply. A50 soared in a straight line. So, what happened? Analysts believe that there are three main drivers. First, the large-cap blue-chip stocks continue to sell, and the liquidity spillover effect is obvious. Moreover, there is a significant volume in early trading today, and the transaction amount in the first half hour has increased by nearly 70 billion yuan. Second, in September, both fundamentals and liquidity have shown marginal improvement signals. Domestic counter-cyclical policies are expected to strengthen, and the RMB has also been very strong recently, which is evident. Third, yesterday's high-level meeting proposed that we should make good use of the existing reform achievements and important experience, emancipate the mind, seek truth from facts, keep pace with the times, Seek Truth and Be Pragmatic, fully mobilize the enthusiasm of all parties, and fully grasp the organization and implementation of reform tasks. Emancipating the mind was highlighted, and the reform is expected to deepen significantly.