Recent market trends are showing new characteristics. Unlike the previous dominance of small-cap stocks, the current pump market makers have shifted towards large-cap stocks, especially the leading companies in the sector. Taking the securities industry as an example, industry giants such as Huatai Securities, GF Securities, and CITIC Securities have shown significant gains today, ranking at the forefront of the market.

This change may be closely related to the latest monetary policy direction. It is reported that the central bank held a meeting recently, emphasizing the need to effectively implement a moderately loose monetary policy. The meeting required financial institutions to increase the intensity of credit issuance, while also encouraging the full utilization of the swap facilities provided by securities companies, fund companies, insurance companies, and other institutions, and supporting listed companies in obtaining refinancing support through methods such as stock buybacks and increased holdings.

These policy signals indicate that regulators are striving to inject more liquidity into the capital markets to boost investor confidence. As large-cap stocks are the preferred targets for institutional investors, they naturally become the main beneficiaries under favorable policies.

Market participants believe that as the easing policies gradually take effect, large-cap blue-chip stocks are expected to continue leading the rally. While investors seize opportunities, they should also closely monitor the implementation of policies and their impact on different industries, reasonably allocate assets, and control risks.