China Financial News: No Need for Excessive Anxiety Over A-Share Volatility; Asset Security and Technological Innovation Remain Strong Supports

An article in the Financial Times, under the supervision of the People's Bank of China, pointed out that after a period of rebound, the recent correction in A-shares has widened. Coupled with the influence of external factors, market anxiety has increased. Senior market participants interviewed stated that one should not fear volatility, as the security of Chinese assets and technological innovation remain strong supports for the market's intrinsic stability. Market experts indicated that there is no need for excessive anxiety; the pullback in technology stocks is a natural fluctuation following the rapid rise in valuations earlier, and self-reliance and self-strengthening in science and technology remain a strategic support for the high-quality development of China's economy. What truly determines the medium- to long-term direction of the market is never the change in risk appetite over a certain period, but rather whether the economy can continuously create new growth momentum, whether enterprises can translate technological progress into revenue and profits, and whether market institutions can continuously improve the efficiency of resource allocation.