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In the evening of 12.13, three big news were issued: margin financing and securities lending, pension asset management and financial risk prevention. Where is the A-share road?

This year's market is much better than that of the previous two years, but it still presents a bulldozer-like market. The future is bright, but the road will always be tortuous.1. China Securities Association: Let the margin trading and securities lending business truly become a powerful tool to serve the wealth growth of the people and promote the healthy development of the capital market.Nine departments, including the People's Bank of China, jointly issued the Guiding Opinions on Financial Support for Chinese-style Old-age Care Services for the High-quality Development of the Silver-haired Economy, encouraging old-age asset management products to allocate equity, stocks, bonds and other assets, and increasing the proportion of equity assets.

This year's market is much better than that of the previous two years, but it still presents a bulldozer-like market. The future is bright, but the road will always be tortuous.Nine departments, including the People's Bank of China, jointly issued the Guiding Opinions on Financial Support for Chinese-style Old-age Care Services for the High-quality Development of the Silver-haired Economy, encouraging old-age asset management products to allocate equity, stocks, bonds and other assets, and increasing the proportion of equity assets.That is to say, institutions have the function of short selling, while retail investors have no function of short selling. In order to reflect fairness, either institutions are not allowed to sell securities, then retail investors can also have the function of short selling. Securities lending brings pressure to the market, and retail investors can only make more money. Therefore, we should plan the margin financing and securities lending business, so as to truly protect the interests of investors!