By Zheng Buchun 

A share market fluctuated slightly on Thursday with Shanghai Composite up 0.07% to 3139.56 points and Shenzhen Composite down 0.13% to 1993.37 points.

SME board and growth enterprise market both fall slightly. Trade volumes shrank compared with that of Wednesday, indicating investors hesitate to follow.

I think more treasury bonds will be issued and more tax relief polices will be introduced next year.

Donald Trump has promised to cut taxes for middle classes. If it comes true, other countries may follow America's step. As the dollar continues to charge higher, countries worldwide have to cut more taxes to lure them to stay.

The stock market in China may experience slight fluctuations before the end of 2016. I recommend investors to buy stocks of the enterprises to be given tax breaks. In addition, the stocks of private enterprises are also good choices. As SOE reform deepens, individual stocks may be affected but private enterprises may have better business environment. 

(Zheng Buchun is NBD's columnist)