Why consider this question? Because once a Chinese version of quantitative easing (QE) is launched, the Ministry of Finance or the central bank will print money to directly buy stocks. The decision-makers responsible for these stock purchases will have to consider this issue. Politically correct, of course, is to buy technology and support national industrial upgrading and transformation. However, the consequences are personal. If they lose money, they won't get promoted or receive a raise; they might even be held accountable. Therefore, consumer stocks like Moutai, Gree, Haitian, and Yili, with dividend yields of 5% or more, are their priority. Even if the stock price drops by 50% over ten years, a 50% dividend payout will still break even. By buying these stocks, the trapped liquidity is released, allowing the private sector to use this liquidity to promote technological innovation, a win-win situation for everyone. Only the government can do this because only the government prints money; the cost of the currency is zero, and the interest is zero. Therefore, consumer stocks have rebounded. (Quoted from: https://web.timestore.vip/ /time/pages/timeDetail/index?timeid=180112)