As usual in the evening, I will read relevant financial news. This is a personal habit that has been developed for a long time. If I don’t read it, I feel like something is missing.

On the 17th, the China Banking and Insurance Regulatory Commission issued the "Notice on Matters Concerning Optimizing the Supervision of Equity Asset Allocation of Insurance Companies". There is important information in this: Insurance companies will have greater autonomy in operating space, and the flexibility and flexibility in the allocation of equity assets will continue to increase.

Enhanced, can account for up to 45% of total assets at the end of last quarter, and the upper limit of the proportion of equity assets invested by large and medium-sized companies in the insurance industry has been increased from the original 30% to 35%.

This matter deserves everyone's attention. According to this adjustment, in the next three years, the insurance industry can release trillions of funds and enter the stock market.

When we used to speculate in stocks, we liked to look at the allocation of insurance capital. In the past, insurance capital was always bought accurately at the bottom and sold before a sharp drop.

As a hardcore veteran investor, I must understand the concept of insurance stocks and the national team at that time.

Does this loosening mean that the country has recognized a bull market this time, and insurance investors should eat more meat?

As a reminder: the last time the ratio cap was adjusted was at the start of the 2015 bull market.

Another piece of news is that the China Securities Regulatory Commission encourages the securities fund industry to become bigger and stronger, through mergers and acquisitions and restructuring.

There were rumors in the market about the merger of the two CITIC Securities companies. It seems that there is no smoke without fire.

Since this year the country has relaxed the restriction on foreign capital holding 51% of the equity of securities companies, it means that securities companies can be dominated and controlled by foreign capital.

In this case, the country does need relevant securities companies with strong strength, even international securities companies, to guide the development of the industry.

I think these two pieces of news have a positive impact on the market.

Previously, banks, securities, and insurance rose hand in hand, driving the market past the 3,300 level.

This time the securities sector and the insurance sector are expected to make another effort.

Releasing relevant news at this point may be due to concerns that the current stock market will continue to decline, causing it to become uncontrollable.

From a rhythm point of view, due to the sharp weekly decline of the Shanghai Composite Index, there is still a chance for adjustment according to the technical trend, but the release of these two pieces of news may affect the rhythm.

Today is Saturday, there is no market. I would like to remind you of the above two news.

You can go find the original text and read it.