On May 12, the central bank announcement in the evening, as of May 18, 2012, lowered the deposit reserve rate of 0.5%. What effect this message will bring the stock market? The author in the combing the expert and the personage inside course of study, the main point of the readers.
Chinese academy of social sciences financial research institute said Mr Yi, director of the financial development and financial system laboratory, the cut in the reserve requirement ratio means that will maintain A moderately easy monetary policy, the a-share market is A positive.
Watson, a well-known Chinese economist, said it was downgraded to come 2 times this year, the cut is the market expected, the main purpose or response to the current economic weakness and economic growth is too slow, when asked about the impact on the movements of the stock index this week when the message, Watson said, such a loose monetary policy on stock index is certainly good news.
Capital of China university of politics and law research center director liu jipeng, securities regulatory commission chairman guo shuqing boost the stock market a series of new ideas well, at least from now until the end of the year, the central bank and the securities and futures commission into madly in love "the honeymoon" period, will be to revive the stock market to develop the direct financing. Deposit reserve rate cut three times in the second half of the year is possible.
However, economists, financial commentators guang-yuan mar that central bank this lowered deposit reserve ratio is a correction of monetary policy before. Cut reserve requirements mainly aims at the real economy, the impact on the stock market is almost zero, the effects of the psychological level.
Talk about the influence of the specific industry groups about the stock market, and the Great Wall securities research director told vectra, lower the deposit reserve rate, banking stocks and property stocks and stock cycle, as well as the whole market should be able to get a boost. But the poor economic data, the market therefore the possibility of a sustained rally. The market will continue to shake a relatively long time.
The big securities research institute Li Daxiao, said the central bank reduced to a major positive policy, is conducive to the stock market stability.