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Xun Yugen, chief economist at Guoxin Securities, said in an interview with a reporter from the Shanghai Securities News on July 21 that there have been significant adjustments in the A-share market recently. Judging from the policy, fundamentals, and capital aspects, it is an adjustment in the process of rising markets rather than the end of the market. Currently, the domestic policy tone for steady growth and market stability has not changed, and the profits of listed companies are in the process of being repaired.

Zhitongcaijing·07/21/2026 11:01:18
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Xun Yugen, chief economist at Guoxin Securities, said in an interview with a reporter from the Shanghai Securities News on July 21 that there have been significant adjustments in the A-share market recently. Judging from the policy, fundamentals, and capital aspects, it is an adjustment in the process of rising markets rather than the end of the market. Currently, the domestic policy tone for steady growth and market stability has not changed, and the profits of listed companies are in the process of being repaired.