Stock is just one aspect but as result of passing of the antimonopoly law. More would comeStocks are not indicative of health of economy.
Shanghai stock exchange collapsed -60% during 2008 financial crisis while China GDP grew 9.8% that year.
US stock exchange were hitting record highs with the country lockdown and 40 million unemployed and 100,000 deaths, most in the world.
Stocks go up and down in the short term largely on news cycle and emotional whim, or in recent US case, govt printing money.
Avoiding excessive de-regulation that lead to 2008 financial crisis is more important than short term profit or stock performance.