Ministry of Finance will stimulate market risk preference? Brokerage interpretation is here
The State Council Information Office held a press conference at 10:00 a.m. on October 12th, introducing the relevant situation of "strengthening the countercyclical adjustment of fiscal policies, and promoting high-quality economic development" by Minister of Finance, Liao Min. At the meeting, the Ministry of Finance announced the research to expand the scope of special bond usage to support the acquisition of existing commodity houses for affordable housing; issue special national bonds to support large state-owned commercial banks in supplementing core Tier 1 capital; a one-time increase in the scale of debt limit, replacing the existing hidden debts of local governments and a series of incremental policies.
Futu Morning Post | Hong Kong stocks heavy! Hong Kong Chief Executive Carrie Lam will deliver her third policy address in office; Can Nvidia reach a new high? Morgan Stanley reveals: Blackwell's future one-year supply has been sold out.
The Ministry of Finance has released an important signal! It will introduce a package of incremental policy measures; the first china stocks etf's net assets have exceeded one hundred billion, overseas institutions emphasize the undiminished valuation advantages; the stock buyback trend in the Hong Kong stock market continues! Tencent is expected to complete the billion-dollar buyback ahead of schedule.
The first Chinese stocks etf's net assets surpassed one billion, overseas institutions emphasize valuation advantages remain unchanged
① The net assets of iShares China Large Cap ETF have reached 10.86 billion US dollars, marking the first time that the scale of a Chinese stock ETF listed in the United States has exceeded 10 billion US dollars; ② Bank of America strategists team indicated that as economic growth forecasts are revised upward and bond yields rise, it is expected that asset allocation to China will increase.
China to Boost Debt Quota in Bid to Stimulate Economy -- WSJ
USA inflation data disrupts market expectations? Federal Reserve officials reiterate: support 'gradual' rate cuts.
On Friday Eastern Time, Dallas Fed President Lorie Logan reiterated her view that interest rates should slowly move to a more normal level, using a "gradual" rate cut. According to cme Fed watch tool, as of the time of publication, the market expects a 10.5% probability that the Fed will not cut rates in November, while the probability of a 25 basis point rate cut is 89.5%.
A package of incremental policy measures is about to be launched! Highlights of the press conference by the Ministry of Finance, a quick overview!
At 10 o'clock this morning, the State Council Information Office held a press conference, where the person in charge of the Ministry of Finance introduced the relevant situation of "increasing the intensity of fiscal policy countercyclical adjustment, promoting high-quality economic development", and answered questions from journalists. Increasing the intensity of fiscal countercyclical adjustment is an important support for promoting the sustained and stable development of the economy.