@myvuiuo
Everyone knows the policy, but many people don't know what influence it has.
In fact, it is the government's unlimited QE release. The money is directly given to listed companies and can only be used to repurchase stocks. There are also stabilization funds and the like. It looks complicated, but in plain words:
The government prints money unlimitedly, and all the money goes into the stock market, encouraging high-quality companies to repurchase stocks for arbitrage.
This will lead to people's confidence returning, and a large amount of money in banks will rush into the stock market frantically.
The stock market replaces the housing market as a new asset pool. The increase in book wealth will drive consumption, and the economy may also recover.