Daiwa: It is expected that the A-share market sentiment will remain stable on the eve of National Day, and still anticipates moderate stimulus measures.

Morgan Stanley released a research report saying that before the long National Day holiday, they expect the sentiment in the A-share market to remain stable, believing that investors will tend to keep more liquidity before the long holiday. Looking ahead, considering that the fundamentals are improving, the bank maintains a cautiously optimistic view, but expects the A-share market to move in line with offshore markets. The bank still anticipates that the government will introduce moderate stimulus measures such as financing for infrastructure projects and repayment of local government debts in the next few weeks to the fourth quarter.