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State-owned Assets Supervision and Administration Commission (SASAC) expressed its support for the central enterprises holding listed companies to buy back shares.After the release of these three top-level authoritative policies, on September 19th of the next day, all the stocks in Shanghai and Shenzhen stock markets, opening limit and Shanghai Composite Index, reported a 9.45% increase at 2075.09 points until the close. After that, it continued to fall, and on October 28, a month later, it bottomed out at 1664.93, ending this tragic year that was enough to go down in history!On October 16th, 2007, the China Shanghai Stock Exchange reached an all-time high of 6,124.04 at 10:03 a.m., and then unilaterally fell. On September 18th, 2008, the stock index fell to 1,802.33. On the evening after the close of the day, the China Municipal Government announced several major policies to rescue the market:

Tonight, I chatted with my father about the stock market.Stock market past eventsFather said that today's top-level meeting of the Politburo directly pointed out that the stock market and the property market were stable, which was unprecedented, and its weight was no less than that of several major departments to save the market. It is a modern version of the imperial decree! But tomorrow, there may never be a spectacle of the market in the past, but the daily limit of thousands of shares can still be expected.

Central Huijin Company announced that it would buy shares of ICBC, Bank of China and China Construction Bank independently.Central Huijin Company announced that it would buy shares of ICBC, Bank of China and China Construction Bank independently.Central Huijin Company announced that it would buy shares of ICBC, Bank of China and China Construction Bank independently.