Recently, ChinaClear announced that it would reduce the provision for ** business from 16% to 13% in October. It is expected to release about 30 billion funds to the market and inject new vitality into the capital market.
Many investors excitedly said that this is the leadership's care for the market, and a new wave of bull market is about to begin.
Reducing the reserve ratio will release $30 billion in funds, which will directly lead to an increase in liquidity.
More importantly, the increase in capital also helps to boost market confidence and inject some stability into the market.
Generally speaking, reducing the reserve ratio can reduce transaction costs, which will reduce its upfront capital pressure and reduce operating costs.
In fact, this news is not unexpected, because in recent times, China's official ** has mentioned the importance of allowing ordinary people to make money in the capital market, because it can be expected that once everyone can make money through **, consumer enthusiasm will be ignited.
Of course, one of the more promising proposals is to reduce stamp duty on transactions, and perhaps the next step is to do so.
Reducing stamp duty on transactions is considered to be an important part of stimulating the vitality of the capital market and promoting economic recovery.
Historically, lowering stamp duty on transactions has tended to trigger a bull market. This is because lowering the stamp duty on transactions can reduce the transaction cost for investors and increase the return on investment.
In this way, more investors will be willing to invest their funds in financial markets such as ** and **, thereby increasing the liquidity and activity of the market.
According to statistics, the number of shareholders has reached 200 million, and the number of shareholders is as high as 700 million.
At the same time, the 27 trillion yuan of new household deposits in the past year and a half shows the huge potential for new investment funds.
Even if only part of the capital enters the capital market, as long as a certain investment income can be obtained, it will inevitably stimulate huge consumer demand.
Reducing stamp duty on transactions will not only incentivize individual investors, but also promote the participation of institutional investors.
At present, China is actively promoting the reform and opening up of the capital market to attract more foreign capital and institutional investors.
Judging from foreign experience, the money-making effect of ** can indeed help boost consumption.
Before the subprime mortgage crisis, every dollar in the United States corresponded to 3.5 cents of spending growth in the consumer market, a clear indication that wealth creation is indeed good for consumption.
However, we must also recognize that short-lived bull markets often become the most important reason for ordinary people to lose money. Therefore, what we need more is the first of the long cattle and slow cattle to help consumption and wealth creation with steady growth.
Everyone believes that in a bull market, ** leads to increased confidence among investors, which prompts them to invest more money and create more wealth.
It is then hoped that this wealth effect will promote the growth of the consumer market to a certain extent.
But what we need to pay more attention to is the risk of a short-lived bull market.
In the middle and late stages of a bull market, investors tend to get carried away by the investment boom and over-invest their money. This phenomenon of over-investment has led to the overheating of the market and the creation of bubbles, which may eventually lead to a correction and.
When the bear market comes, these investors often have all their funds and suffer serious losses, which not only affects themselves, but also has a negative impact on the entire consumer market.
Therefore, what we need more is the long bull and slow bull, that is, the steady growth of the **, which provides a more reliable and sustainable investment environment, and investors can make investment decisions more rationally.
To achieve this purpose, it is necessary for the management to take care of it, and it also needs the rational investment of investors.