EBSCN(601788) 证券时报网·2024-12-15 01:47Group 1 - The core viewpoint of the article highlights two major positive trends in the financial data released by the People's Bank of China for November 2024, indicating a potential recovery in the economy [1] - The year-on-year decline in M1 has narrowed, suggesting that companies are working on repairing their balance sheets, which is a positive sign for economic stability [1] - Growth in long-term credit for residents is beneficial for the ongoing recovery of the real estate market, indicating a supportive environment for housing investments [1] Group 2 - Looking ahead, the impact of local government debt on credit expansion is expected to weaken, which may lead to a more stable credit environment [1] - The alignment of incremental policies from this year with macroeconomic policy arrangements for the next year is anticipated to effectively promote the continuous expansion of the credit cycle [1]