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3. Tian Xuan: The China stock market is dominated by retail investors. This is not a healthy capital market. The bull market of US stocks is because retail investors no longer trade in person but invest through institutions.Heavy! There are three major news in the securities market, IPO may pick up, A-share benchmarking is difficult, and retail investors dominate the dispute. What is the fate of A-shares?

This year, the Shanghai Composite Index has risen by nearly 500 points so far. At present, A shares have stepped out of the bullish upward trend, and the index will exceed 3,731 or even 4,000 points next year, so it should be reasonable to reach more than 150 IPOs next year!Our Public Offering of Fund has also experienced several rounds of great development, and now it has exceeded 32 trillion yuan. In 2022 and 2023, it made the first loss for two consecutive years. In 2024, the stock market returned to 3400 points from 2635. Three years ago, there were still many losses in the net value of 3731 funds, but as a retail investor, you can make money by buying a cosmic bank casually, or you can buy an index fund to make a fixed investment, so you won't still lose money now. Now some institutions are no different from ordinary retail investors.1. Guotai Junan Wang Zhengzhi: IPO issuance is expected to pick up next year. It is estimated that 150~210 IPOs will be issued throughout the year.

3. Tian Xuan: The China stock market is dominated by retail investors. This is not a healthy capital market. The bull market of US stocks is because retail investors no longer trade in person but invest through institutions.Our Public Offering of Fund has also experienced several rounds of great development, and now it has exceeded 32 trillion yuan. In 2022 and 2023, it made the first loss for two consecutive years. In 2024, the stock market returned to 3400 points from 2635. Three years ago, there were still many losses in the net value of 3731 funds, but as a retail investor, you can make money by buying a cosmic bank casually, or you can buy an index fund to make a fixed investment, so you won't still lose money now. Now some institutions are no different from ordinary retail investors.