Zhong Linnan, a senior analyst at GF Securities, reported that as far as the second half of the year is concerned, liquidity is unlikely to be as relaxed as in the second quarter, and liquidity is expected to be neutral. Before the fiscal stimulus is implemented in the second half of the year, there is always room for imagination. Relaxed expectations are also more difficult to heat up. Interest rate centers are less likely to decline quickly and clearly, and may continue to fluctuate at a low level; there may be a recovery after fiscal effects are shown.

Zhitongcaijing · 1d ago
Zhong Linnan, a senior analyst at GF Securities, reported that as far as the second half of the year is concerned, liquidity is unlikely to be as relaxed as in the second quarter, and liquidity is expected to be neutral. Before the fiscal stimulus is implemented in the second half of the year, there is always room for imagination. Relaxed expectations are also more difficult to heat up. Interest rate centers are less likely to decline quickly and clearly, and may continue to fluctuate at a low level; there may be a recovery after fiscal effects are shown.