February** Dynamic Incentive Program
It's not really bailing out the market! The four major news shocks in the early hours of this morning hit (25）！
1. The amount of financial management continues to decline! From the end of 2023, the stock will be 2680 trillion yuan, a decrease of about 3 from the beginning of the year07%, which is also the second consecutive year that the stock of the bank asset management market has declined. This means that these wealth management products include some equity investment products, and the ranking of these products has decreased due to the ** of A-shares last year, which has affected the decline of the overall ranking!
The share of owned products is still small! From the perspective of investment nature, fixed income products are still the mainstream, reaching 25. by the end of 202382 trillion yuan, accounting for 96 percent of the total stock of financial products34%。In other words, the share of self-owned products can only be about 3%. This means that financial investors have a lower risk appetite and are less afraid to buy volatile financial products!
Second, it's not really bailing out the market!
The symbolic pull of the national team does not really save the market, but it seems to help release the floodgates, that is, high-risk financial products such as exploding snowball products. Since the national restrictions on T0 short selling will not take effect until March 18, at present, ** finance, securities firms and quantitative institutions are the main forces in the market for short selling. Investors know their trump cards inside out and have a clearer understanding of financing information. They can only wait. When these short-sellers reach the ultimate profit target, without touching the lower limit of the national team's market protection and without triggering systemic financial risks, they will rush to complete the last round of short-selling around the Spring Festival. Another team, Guosen Capital, passed through the Northern Channel,** which also solved the traditional thinking of domestic investors that the northbound is the direction of the wind.
3. Promote the development of distributed new energy in rural areas, and strengthen the planning and construction of new energy charging stations and vehicle replacement facilities in key villages and towns.
At present, charging new energy vehicles in many cities is relatively convenient, but there are relatively few charging stations in rural areas, and charging has become a major problem. Therefore, the penetration rate of new energy vehicles in rural areas is lower than that in urban areas. Therefore, strengthening the construction of new energy vehicles in rural areas, through the construction of vehicle charging stations, and increasing the penetration rate of new energy vehicles in rural areas will not only improve the quality of life of farmers, but also will not cause serious pollution to rural areas. Ecological environment. Of course, it will also contribute to the greater development of new energy vehicles in China.
4. CITIC**: At present, the risk of equity pledge is generally controllable.
This sentence should be understood in two dimensions. For the first company, the risk is controllable, which means that the proportion of equity pledge is not high, the margin of safety is high, and the first company has enough room for forced liquidation and will not cause losses to the first company. But forced liquidation will accelerate**, especially for medium**varieties**. On the one hand, these varieties have a higher guarantee rate. When the overall ** is not good, it is easy to fall below the liquidation line. Moreover, these varieties are all financial products. The underlying and securities lending will be accelerated. In recent times, there have often been cases of sudden and large ** in the white horse market.