On December 14, Wu Qing, Secretary of the Party Committee and Chairman of the China Securities Regulatory Commission, presided over a meeting of the Party Committee (expanded) to convey and learn about the spirit of the Central Economic Work Conference. In conjunction with the requirements of the National Financial System Work Conference, the meeting studied and deployed the work of implementing the CSRC system. As of December 16, several Brokerages, including China International Capital Corporation, Caixin Securities, Wanlian Securities, and Huayuan Securities, provided timely interpretations. They believe that based on the Central Economic Work Conference and the CSRC's policy direction to "stabilize the stock market," continuous and steady development is a necessary foundation for the capital market to achieve stability and long-term success, as well as the best path to enhance investors' sense of gain. Brokerages believe that the Bullish policies toward the capital markets will continue into 2025, with consistency in policies across various ministries to promote high-quality development of the capital markets. (Brokerage China)