On October 14th, Gaolinghui reported that A-share market concept stocks related to market-oriented bonds strengthened. Among them, M-Grass Ecology rose by the daily limit of 20cm, Yusys Technologies rose by 16%, Everbright Jiabao, Cinda Real Estate, Chongqing Yukaifa, Shenzhen Silver Basis Technology, and Hainan Haide Capital Management all hit the limit. In terms of news, on October 12th, Minister of Finance Lan Fo'an stated at a press conference of the State Council Information Office that there is a plan to significantly increase the debt limit at one time, replacing the hidden debts of local governments, and intensify support to help local governments resolve debt risks. This policy is the most significant measure in recent years to support debt conversion and comes as a timely help, greatly reducing pressure on local governments. It will free up more resources to support economic development and strengthen the foundation of the 'three guarantees' at the grassroots level. Ming Ming, Chief Economist of Citic Securities, stated that from the perspective of local debt management, debt conversion will be a focal point of this round of fiscal policies. (Gaolinghui)