Guolian believes that after a rapid market decline, it often stabilizes first. Reviewing the cases since 2010 where the market fell more than 5% in a single week, the Turnover Ratio generally decreases, while the market tends to stabilize in the short term. On the other hand, if the central economic work conference is taken as a time node, this round of decline has already exceeded the historical average. Market sentiment and certain valuation Indicators have both reached historical lows, revealing the investment value of the equity market. The GLDI sentiment index has returned to a level below 10%, close to the market sentiment after the sharp decline in January 2024, which implies that the possibility of market stabilization in the short term is quite high. Furthermore, the dividend yield of the Csi 300 Index and Wind All A Shares - 10-year treasury bonds has reached a level above twice the standard deviation, which also indicates that the cost-performance ratio of the equity market is gradually returning. (Brokerage China)