Li Said That We Must Not Oppose The Central Bank.

Last week's market was thrilling and tested 2850 points again.

The 2850 points went through three tests: the first time was last year; the second was in the previous period, and it had broken 2850 points to 2844 o'clock, but it was a very short instant break, not an effective break; third times, 2851 points were found on the last trading day, and this place should have a very solid foundation, which is the bottom of the baby's bottom, and it may not move down again.

I firmly believe that this place is still at the bottom of the baby. There are several indications:

The first is oil prices.

Oil prices have already rebounded in the low Jedi, and oil prices are stable, and the global financial market turmoil may come to an end.

The second sign is RMB.

Stable.

The central bank launched a strong intervention in the RMB exchange rate, especially for offshore markets, narrowing the price difference between the offshore market and the onshore market from 1600 basis points.

The RMB exchange rate is stable.

You can walk steadily.

Third signs.

The linked exchange rate system has proved effective after 33 years of testing.

Whether the Hongkong government, the regulator or the people's Bank of China should be able and determined to continue to maintain Hongkong's linked exchange rate system, even IMF is very supportive of the Hongkong linked exchange rate system.

Hongkong launched last week when the linked exchange rate fluctuated significantly, which is crucial to the stability of the A market in the whole market.

Finally, the central bank will substantially release water during the Spring Festival, and injecting liquidity into the market through various policy instruments.

There is a saying in Wall Street: never oppose the Fed.

Here I would like to share with you one thing: people who are short of time should pay attention to it.

The Spring Festival is coming soon. I wish you all a happy new year. I wish you all a good harvest.