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The lack of endogenous motivation for the recent economic recovery, mainly reflected in the slow recovery in the medium and long-term loans of residents as well as corporate bonds, has prompted the People's Bank of China (PBOC) to continue to cut the deposit reserve ratio to release liquidity in a bid to stabilise the economic recovery. ....
According to SMM, the number of new energy passenger vehicles insured in February was 450,000, a year-on-year increase of 84% and a month-on-month increase of 56%. ....
Advisors believed that under the expectation of economic recovery, A shares will enter the medium and long-term bull market. The continuous interest rate hike and the recent US banking crisis are important interference factors for the market. ....