laitimes

Li Daxiao: The central bank's RRR cut is a timely rain, which can hedge the adverse impact of the BUBBLE bursting of us stocks on A shares in the short term

author:Mobile phone and news network

  On December 6, Li Daxiao, chief economist of Yingda Securities, said that Chinese Min Bank cut its deposit reserves by 0.5%, which can be described as a timely rain. The main purpose is to reduce the cost of funds for financial institutions, support the development of the real economy, release long-term funds of 1.2 trillion yuan, maintain reasonable and sufficient liquidity, and strengthen cross-cycle adjustment. It plays an important role in stabilizing economic growth and alleviating some industries with tight funds, and can play a hedging or partial hedging of the adverse impact of the US stock bubble burst on A shares in the short term.

Li Daxiao: The central bank's RRR cut is a timely rain, which can hedge the adverse impact of the BUBBLE bursting of us stocks on A shares in the short term

Source: Weibo

Read on