I'll just ask: Do you dare to copy the bottom brokerage?
I'll start with qualitative.
This brokerage super payout is a good signal.
This proves that Brother Wu Qing has understood the "1 important factor" for the continuous rise of U.S. stocks.
This is: repurchase + dividend + cash merger and acquisition.
There is a data that you can look up.
From 2012 to 2022, a total of 10 years.
The cumulative scale of dividends, buybacks and cash mergers and acquisitions of U.S. imperialism and Japanese listed companies is about 9-10 times the scale of cumulative financing (IPO + refinancing).
This directly leads to listed companies: they are the largest buyers of U.S. stocks and Japanese stocks.
This surpasses: traditional insurance funds, mutual funds, and individual investors.
And this year, both Moutai and brokerages have given super cash payouts.
This is a strong signal.
This is: the action of increasing the gold content of RMB assets.
Although, it is impossible to do it in one step.
However, the direction is undoubtedly correct.
Brother Wuqing:
While limiting the number of IPOs.
While increasing the return to shareholders.
This rise and fall is a good bottom signal.
Then, let's talk about quantitative.
Quantitatively, let's look at the monthly structure of securities.
At present, the monthly line of securities is still a green column...
It's really too weak.
But I think: the bottom will not be very far.
I finally believe that the process of becoming a financial power is the process of making securities firms and investment banks bigger and stronger.