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LuminousQuasar
@luminousqusar
February 6, Thursday High-Level Voices: Premier Li Qiang emphasizing the need to anchor development goals, increase counter-cyclical adjustments in a timely and situation-specific manner, focus on prominent issues by integrating resources and exerting concentrated efforts, dare to break conventions to introduce tangible policy measures, and promptly respond to concerns by enhancing interaction between policy and the market. Overall Sentiment: The A-share market opened higher but ended lower on Tuesday, maintaining the same taste as before the New Year. The consumer sector, which had underperformed before the holiday, became the hardest hit on the first trading day after the Spring Festival, despite the boost from holiday consumption. Representative liquor stocks broke down significantly, indicating that boosting consumption requires more tangible policy measures. U.S. stocks continued to rise, with some stocks affected by the trade war pulling back, but this did not dampen the overall upward trend.
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