From SCMP (South China Morning Post):

Traders anticipate China’s legislative meeting for market clues. NPC to address property market, financing, and demand-side stimulus. GDP target expected at 5%, deficit ratio at 3.5%. Quotas on special bond issuance and measures to boost consumption could boost market confidence. Premier Li Qiang expected to set economic agenda.

Historically, Chinese markets stabilize around key political events. NPC and CPPCC meetings usually lead to post-meeting market rebounds. On average, Shanghai Composite rises by 1.2% post-meeting. Hong Kong’s Hang Seng Index sees similar patterns. Investors watch for long-term strategic plans from NPC amid postponed reform meetings.

NPC marks strong policy support for economic revival. Plans for large-scale upgrades, consumer goods trade-ins, and laws to balance private vs. state-owned enterprises fuel stock optimism. Market expected to be stable with policy hopes and regulatory curbs on shorting. Traders expect upside leading up to two sessions.



Read more at SCMP (South China Morning Post): China stocks: all eyes on NPC meeting for policy moves to support rally sparked by state buying