Securities Daily: Anchoring the "stability of the stock market", multiple parties work together to protect the positive trend of the capital market.

On January 15th, the China Securities Regulatory Commission made it clear at the 2026 System Work Conference that they will "adhere to stability as the top priority, consolidate the trend of market stability and improvement." As the "barometer" of the national economy, the stable and healthy development of the capital market is highly valued. From the frequent mention of "stabilizing the stock market" in important meetings last year to the China Securities Regulatory Commission making "adhering to stability as the top priority" the first of the five major tasks for the year, it highlights the firm determination of the regulatory authorities to anchor market stability and support high-quality development. The current capital market is at a critical stage of improving quality and efficiency. The consolidation of the trend of stability and improvement not only requires guarding against the bottom line of systemic risks but also activating the endogenous growth momentum of the market and building rational consensus among all parties. Experts generally believe that in order to consolidate the trend of market stability and improvement, it is necessary to build a "firewall" by strictly adhering to the risk bottom line, rely on activating endogenous power of market participants to cultivate a high-quality development engine, utilize guiding long-term funds into the market, nourish a rational investment culture to build market confidence, and coordinate efforts from all parties to promote the capital market to achieve a higher level of stability and progress.