CITIC Securities: There is still room for quantity and interest rate-type monetary policy to exert force in the next stage.

Jinshi data, September 10th news, CITIC Securities research report stated that from the financial market situation in August, the prevention of empty turnover and the release of potential are advancing together. We expect that the net RMB loans in the month may continue the trend of a slight increase compared to the same period last year, and the growth rate of social financing may remain at 8.1%-8.2%. Looking ahead, the current fiscal policy and monetary policy are in a phase of dual support. Against the backdrop of the further heating up of the Fed's interest rate cut expectations, there is still room for the next stage of quantity and interest rate-based monetary policy to exert force.