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on september 26, the a-share market opened low and ended high throughout the day. the shanghai composite index rose by more than 3% in the afternoon, regaining the 3,000-point mark, and the shenzhen component index and the chinext index rose by more than 4%. individual stocks showed a general rise, and the turnover exceeded 1 trillion yuan for the second consecutive trading day.as of closing, the shanghai composite index rose 3.61%, the shenzhen component index rose 4.44%, and the chinext index rose 4.42%.

all sectors rose across the board, with the liquor, real estate, food processing and manufacturing, beverage manufacturing, and securities sectors leading the gains.

in,real estate stocks saw a surge in daily limit prices, with more than 30 stocks including vanke a, china merchants shekou, poly developments, gemdale group, and sunac china holdings hitting their daily limit.

consumer stocks, led by liquor, exploded across the board, with nearly 50 stocks, including wuliangye, shanxi fenjiu, luzhou laojiao, jiugui liquor, china duty free group, and zhongju high-tech, hitting their daily limit.kweichow moutai rose more than 9%, and its share price regained the 1,500 yuan mark.

the big financial sector continued its strong performance, with more than ten stocks including tianfeng securities, guohai securities, boc securities, changjiang securities, and minmetals capital hitting their daily limit.

on the news front, according to xinhua news agency, the political bureau of the cpc central committee held a meeting on september 26.

the meeting pointed outwe must lower the reserve requirement ratio and implement significant interest rate cuts.to help the real estate market stabilize.we should strictly control the increase in commercial housing construction, optimize the stock, improve the quality, increase the loan issuance of "white list" projects, and support the revitalization of idle land. we should respond to the concerns of the people, adjust the housing purchase restriction policy, reduce the interest rate of existing mortgage loans, and speed up the improvement of land, fiscal and taxation, and financial policies to promote the construction of a new model of real estate development.we must work hard to boost the capital market.vigorously guide medium- and long-term funds into the market and clear bottlenecks in the entry of social security, insurance, and wealth management funds into the market.we must support the mergers and acquisitions and restructuring of listed companies.steadily advance the reform of public funds and study and introduce policies and measures to protect small and medium-sized investors.

the meeting pointed out that it is necessary to help enterprises overcome difficulties, further standardize law enforcement and supervision involving enterprises, and introduce a law to promote the private economy to create a good environment for the development of the non-public economy.we must combine promoting consumption with benefiting people's livelihood, promote the increase of income of middle- and low-income groups, and improve the consumption structure.we need to foster new forms of consumption. we need to support and regulate social forces in developing elderly care and childcare industries, and speed up the improvement of the policy system for supporting childbirth. we need to increase efforts to attract and stabilize investment, speed up the promotion and implementation of reform measures such as foreign investment access in the manufacturing sector, and further optimize the market-oriented, rule-of-law, and international first-class business environment.

according to the paper, chen guo, chief strategy analyst at citic securities, said: "today's meeting sent a very strong signal of fully revitalizing the economy, and also specifically mentioned efforts to boost the capital market, which is encouraging and beneficial to the stock market in terms of both earnings and valuation. the performance of a-shares and hong kong stocks is expected to rise to a higher level."

"looking ahead to the future market, we maintain our judgment that the major indices of the a-share market are expected to challenge the highs of the year in may," said chen guo.

daily economic news is a comprehensive report from xinhua news agency, the paper, and public information.

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