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3. He Lifeng: We should effectively prevent and resolve financial risks and external shocks in key areas in an orderly manner to promote the stable and healthy development of capital markets and other fields.The central bank has also stepped up its efforts to support pension funds and other related asset management products to increase the proportion of investment in assets such as equity stocks, which is expected to bring more medium-and long-term incremental funds to the A-share financial market.In the news, it is expected to bring real incremental funds to the A-share financial market, which is beneficial for the stock market to continue its upward trend in 2025.

Margin trading is one of the main businesses of securities firms. Financing is to provide investors with appropriate financing funds, which will bring incremental funds to the market. Securities lending is a short-selling function, which increases the selling chips for the market. Generally, there are very few institutions that can get the source of securities lending.The Securities Industry Association of China emphasized that the principle of people should always be kept in mind, and the protection of investors' legitimate rights and interests should be placed at the core, so that the margin trading and securities lending business can truly become a powerful tool to serve the people's wealth growth and promote the healthy development of the capital market.2. Nine departments, including the central bank: encourage the allocation of equity, stocks and other assets by pension assets management products, and increase the proportion of equity assets allocation.

3. He Lifeng: We should effectively prevent and resolve financial risks and external shocks in key areas in an orderly manner to promote the stable and healthy development of capital markets and other fields.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?The central bank has also stepped up its efforts to support pension funds and other related asset management products to increase the proportion of investment in assets such as equity stocks, which is expected to bring more medium-and long-term incremental funds to the A-share financial market.