CCTV News: On April 8, the People's Bank of China, the State Administration for Financial Regulation and other departments, as well as Central Huijin Company and listed companies, resolutely maintain the stable operation of the capital market and increase support for the capital market and the real economy.

Central Huijin Company has always been an important strategic force in maintaining the stability of the capital market and plays the role of the Chinese version of the standard fund. Central Huijin Company stated that it is firmly optimistic about the development prospects of the capital market and fully recognizes the current A-share allocation value. The quality of A-share listed companies has steadily improved, the proportion of listed companies representing new quality productivity and technological innovation has continued to increase, the attractiveness of A-share core assets has continued to increase, and the overall valuation is at a relatively historical low. Central Huijin Company will firmly increase its holdings of various market-style ETFs, increase its holdings and balance the holding structure. Experts believe that Huijin's increase in holdings of ETFs this time is not only an emergency measure to deal with short-term market fluctuations, but also a strategic endorsement of the long-term value of A-shares.

In this regard, the People's Bank of China stated that it firmly supports Central Huijin Company to increase its holdings in the stock market index fund and provide sufficient re-lending support to Central Huijin Company if necessary.

The State Administration for Financial Regulation stated that it will raise the upper limit of equity asset allocation ratio, increase the proportion of equity assets corresponding to the solvency adequacy ratio of some gears by 5%, further expand the space for equity investment, and increase support for the capital market and the real economy.

At the same time, many state-owned enterprises announced increased holdings. China Chengtong announced that it would invest in increasing its holdings of ETFs and central enterprise stocks, and will continue to increase its holdings of central state-owned enterprises and technology innovation stocks in the future. China Guoxin announced that it will increase its holdings of central enterprises, technology innovation stocks and ETFs through special re-loans, with the first batch of 80 billion yuan. China Electronics Technology Corporation stated that it had increased its holdings and repurchased its listed companies' shares, which had completed more than 2 billion yuan. Seven listed companies including China Merchants Shekou, a subsidiary of China Merchants Group, collectively issued an announcement before the market today, planning to speed up the implementation of the share repurchase plan and enhance the investment value of listed companies.