News

HUAXI Securities released a research report stating that observing the changes in deposits in September, as the slope of the stock market rises tends to flatten, some funds may flow back to bank deposits, and the narrative around deposits is gradually shifting from "moving" to "returning." The current demand status of residents and enterprises urgently requires further implementation of "loose monetary" policies. Whether the central bank will restart bond purchases or implement a comprehensive reduction in reserve requirements and interest rates in the fourth quarter may still require attention to feedback from other macroeconomic variables