This year, bolstered by the steady release of policy incentives, a diverse array of funds has hastened their entry into the market, collectively bolstering the resilience of A-share indices. As we step into the fourth quarter, six prominent public fund institutions—including China Asset Management, Harvest Fund, and Southern Fund—are largely of the opinion that the A-share market is underpinned by a solid foundation for stable growth over the medium to long term. This is attributed to its reasonable market valuations and ample 'confidence' in its potential for expansion.