1. The 2023 Economic Work Conference emphasized the continued implementation of a "prudent monetary policy", and at the same time put forward the policy requirements of "flexible, moderate, precise and effective". This change means that China's money supply may have entered a new stage, with the relative decline in the importance of credit money and the gradual increase in the importance of fiscal money. CICC believes that this monetary policy tone is consistent with the positioning of monetary policy since the first financial work conference, with more emphasis on improving the efficiency of funds and more attention to financing support in key areas.
Second, the bank is off to a crazy start, and the major banks have raised their interest rates, and some banks have given up to 6%!
In order to attract more user deposits, major banks have raised deposit interest rates, and some of these small banks have given deposit interest rates of about 6%. As long as they are handled through formal banking channels, these deposits are generally safe. These high-interest deposits are only for the special period at the end of the year, and after the Spring Festival, the deposit interest rates of major banks will still fall.
3. In 2023, the trust industry will welcome another "boom" of capital increase, with 11 trusts, including * Trust, Northern Trust, Western Trust, and Yuecai Trust, with a total capital increase of about 1832.7 billion yuan. These additional funds have provided more sources for the capital market, increased more activity, and boosted the prosperity of A-shares. Quantitative private placements are busy filling out forms!The programmatic transaction report for existing products** must be submitted after 7 days, and the filing requirement is not only for quantitative private placements, but for investors in all programmatic transactions. It is expected that the management is looking for a thorough understanding of how to manage quantitative institutions in the future, and there may be more scientific and standardized management methods for how quantitative institutions should be managed, which will play a further regulatory role in the transactions of the A** market.
Fourth, after the market fell below 2900 points, it finally ushered in a big yang.
Recently, the market has been affected by the redemption of various groups of people, and the index has been continuously adjusted, and after falling below 2,900 points on Thursday, it finally ushered in a big yang**. The major state-owned banks will begin to cut deposit rates, and there is no doubt that the interest rate cut will be a major positive for the large state-owned banks and the Shanghai and Shenzhen main boards with high dividend yields.