中信明明：利用降准、降息等总量型工具保持宏观流动性平稳

Core Viewpoint - The chief economist of CITIC Securities, Mingming, believes that the liquidity in China's equity market has remained abundant since the introduction of swap facilities and stock repurchase increases, significantly boosting market confidence and maintaining a high level of investor risk appetite [1] Group 1: Market Liquidity - The two capital market support tools have a strong effect on boosting market performance and strengthening investor confidence [1] - The People's Bank of China could further enhance its focus on equity market liquidity in the future [1] Group 2: Monetary Policy - The monetary policy should maintain a "moderately loose" stance, utilizing tools such as reserve requirement ratio cuts and interest rate reductions to keep macro liquidity stable [1]