Securities Daily: Anchoring "Stable Stock Market", Multiple Parties Collaborate to Safeguard the Positive Trend of the Capital Market

On January 15th, the China Securities Regulatory Commission (CSRC) clearly stated at the 2026 system work conference to "adhere to stability as the priority and consolidate the market's stable and improving momentum." As the "barometer" of the national economy, the stable and healthy development of the capital market has attracted significant attention. From last year's repeated mentions of "stabilizing the stock market" in important meetings to this year's CSRC prioritizing "adhering to stability as the priority" as the top of its five key annual tasks, it highlights the regulatory body's firm determination to anchor market stability and safeguard high-quality development.

Currently, the capital market is at a critical stage of improving quality and efficiency. Consolidating the stable and improving trend requires not only maintaining the bottom line to prevent systemic risks but also activating the endogenous growth momentum of the market and fostering rational consensus among all parties. Experts generally believe that consolidating the market's stable and improving momentum requires building a "firewall" by strictly adhering to risk bottom lines, relying on activating the endogenous motivation of market entities to cultivate high-quality development engines, guiding long-term funds into the market, and nurturing a rational investment culture to build market confidence. Collaborative efforts from multiple parties are needed to promote the capital market to achieve a higher level of stability and progress