Securities Daily: Policy intensifies, incremental capital inflow in the fourth quarter is expected.

Entering the fourth quarter, against the backdrop of continued policy support and improving fundamentals, multiple streams of incremental capital have continued to flow in. On one hand, medium- and long-term funds such as insurance capital and social security funds are accelerating their entry, becoming the "ballast" that stabilizes the market; on the other hand, trading-oriented capital such as margin financing and securities lending keeps flowing in. At the same time, foreign capital is opening up channels for increased allocation.