🚀The reason for the historic surge in A-shares today📈 has been found, and I have summarized it and shared it with everyone.

1. The governor of the central bank mentioned that the deposit reserve ratio will be lowered by 0.5 percentage points to provide the market with about 1 trillion yuan of long-term liquidity, and it may be lowered by another 0.25-0.5 percentage points this year.

2. The central bank lowered the 7-day reverse repurchase operation rate by 0.2 percentage points (from 1.7% to 1.5%), and guided the loan market quotation rate and deposit rate to decline simultaneously to maintain the stability of the net interest margin of commercial banks.

3. Lowering the mortgage rate, the governor of the central bank announced a 0.5 percentage point reduction in the existing mortgage rate and unified the minimum down payment ratio for mortgages.

4. New monetary policy tools

- Securities, funds, and insurance companies swap facilities: Allow qualified securities, funds, and insurance companies to use bonds, stock ETFs, etc. held as collateral to exchange for highly liquid assets from the central bank. The initial operation scale is 500 billion yuan, which can be expanded in the future.

- Stock repurchase, increase in holdings re-loan: The central bank issues re-loans to commercial banks to provide loans to listed companies and major shareholders to repurchase and increase holdings of stocks. The first phase of the quota is 300 billion yuan, the re-loan interest rate is 1.75%, and the commercial bank loan interest rate is 2.25%.

Among them, the most concerned by the market is the first introduction of structural monetary policy tools to support the stock market. The scale of the first phase of swap facility operations is 500 billion yuan, and there is the potential to expand by 500 billion yuan or even more. If the funds are in place, A shares are expected to continue to rise. #比特币兑黄金或将上涨 $BTC $ETH $BNB

Are you all fully invested in A shares, or did you sell at 2689 points?