Zhitong Financial APP learned that Chinese brokerage stocks generally fell. As of press time, China International Capital Corporation (03908) fell 4.33% to HK $15.9; GF Securities Co., LTD. (01776) fell 3.73% to HK $9.82; Guolian Securities (01456) fell 3.71% to HK $4.15; CITIC (06030) fell 3.36% to HK $16.68.
On the face of the news, the people's Bank of China announced on the morning of the 5th that in order to maintain reasonable and abundant liquidity in the banking system, the reverse repurchase operation of 3 billion yuan for seven days was carried out on the same day, and the winning interest rate was 2.10%, which was the same as before.
The 3 billion reverse repurchase operation is the first time the central bank has carried out a reverse repurchase operation of less than 10 billion since the beginning of 2021, Cinda Securities said. In the current state that liquidity easing mainly depends on the support of the central bank, the abnormal operation of the central bank must be paid attention to. Industry insiders generally believe that the operation scale of 3 billion yuan does not mean that liquidity will be tightened, but more likely to convey the signal that the interest rate of funds will gradually return to normal in the future. On the whole, the capital gap can be controlled in July, but we need to pay attention to whether there will be a turning point of wide monetary marginal convergence after entering August and September.