In the upcoming 2026, what kind of pattern will the primary and secondary markets present? Can PE/VC use the recovery of IPOs and the rise in mergers and acquisitions to usher in an “exit feast”? Will the slow bull market of A-shares continue to be interpreted in 2025? At the end of the year, these issues became important concerns for the market. “The current market market has been rising for more than a year. Due to the sharp increase in the performance of listed companies, the overall price-earnings ratio of the market is currently not too high, and there is still some room for growth.” He Qiang, a professor at the School of Finance at the Central University of Finance and Economics, said. At the Sailing 2025 Annual Financial Conference held on December 26, He Qiang mentioned that if the market is to achieve further growth, the market value of listed companies must continue to increase, and the company's performance must provide support. At the same time, medium- to long-term capital must continue to enter the market. These are two key factors for the stock market to break out of the long and slow bulls.

In the upcoming 2026, what kind of pattern will the primary and secondary markets present? Can PE/VC use the recovery of IPOs and the rise in mergers and acquisitions to usher in an “exit feast”? Will the slow bull market of A-shares continue to be interpreted in 2025? At the end of the year, these issues became important concerns for the market. “The current market market has been rising for more than a year. Due to the sharp increase in the performance of listed companies, the overall price-earnings ratio of the market is currently not too high, and there is still some room for growth.” He Qiang, a professor at the School of Finance at the Central University of Finance and Economics, said. At the Sailing 2025 Annual Financial Conference held on December 26, He Qiang mentioned that if the market is to achieve further growth, the market value of listed companies must continue to increase, and the company's performance must provide support. At the same time, medium- to long-term capital must continue to enter the market. These are two key factors for the stock market to break out of the long and slow bulls.