央行定调适度宽松 超3383亿资金注入市场

Group 1 - The People's Bank of China (PBOC) aims to continue implementing a moderately accommodative monetary policy, enhancing counter-cyclical and cross-cyclical adjustments to maintain ample liquidity and promote low social financing costs [1][3] - The meeting suggested leveraging the integrated effects of incremental and stock policies, utilizing various tools to strengthen monetary policy regulation, and adjusting the implementation of policies based on domestic and international economic conditions [3] - The chief economist of Industrial Bank, Lu Zhengwei, indicated that both traditional and innovative monetary policy tools have room for action, suggesting an increase in quotas and a reduction in interest rates for effective tools [3] Group 2 - As of December 25, the swap facility tool has been executed twice, with a total amount of 105 billion yuan. A total of 708 listed companies have disclosed 784 repurchase and increase loan plans, with a cumulative loan amount limit of 158.35 billion yuan [3] - Additionally, China Chengtong Holdings and China Guoxin Holdings announced plans to use 180 billion yuan for stock repurchase and increase loan funds, bringing the total loan amount limit for stock repurchase and increase to 338.35 billion yuan [3] - The meeting also emphasized the need to assess the bond market from a macro-prudential perspective, monitor changes in long-term yields, enhance the resilience of the foreign exchange market, and stabilize market expectations to prevent excessive fluctuations in the exchange rate [3]