驱动市场风险偏好持续回升，大盘有望继续企

Group 1 - The report highlights a series of monetary policy measures introduced by the central bank, including a 0.5 percentage point reduction in the reserve requirement ratio, which is expected to provide approximately 1 trillion yuan in long-term liquidity to the financial market [4][10] - The report notes a 0.1 percentage point decrease in policy interest rates, which is anticipated to lower the Loan Prime Rate (LPR) by about 0.1 percentage points, thereby reducing borrowing costs for enterprises and households [5][10] - The central bank has also introduced structural monetary policy tools, including a 0.25 percentage point reduction in the interest rates of various structural policy tools, which will support sectors such as agriculture, technology innovation, and housing [6][10] Group 2 - The financial regulatory authority has launched eight incremental policies aimed at stabilizing the real estate market, supporting small and micro enterprises, and promoting innovation [11][15] - Specific measures include enhancing financing systems for real estate development, expanding the trial scope for long-term investments by insurance funds, and adjusting regulatory rules to encourage stock market stability [12][15] - The report emphasizes the importance of providing targeted financial support to foreign trade enterprises and enhancing credit insurance policies to stabilize exports [13][15] Group 3 - The report indicates that the capital market has shown resilience and the ability to withstand risks, supported by strong policy signals from various financial authorities [21][22] - It mentions that the combination of "broad monetary policy + broad credit" is expected to lower the overall financing costs in society, thereby boosting market confidence and supporting stable growth in the real economy [21][22] - The report suggests focusing on sectors such as finance, public utilities, food and beverage, technology, pharmaceuticals, non-ferrous metals, and power equipment for potential investment opportunities [22]