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一、7月份市场回顾7月份股票二级市场在月初第二个交易日创出本轮调整的新低2319点后,走出了一波先抑后扬的反弹行情。市场反弹的基础,一是估值修复式反弹,经过6月份的急跌后,市场估值跌入了相对合理区间,存在估值反弹的需求;二是政策放松预期;三是流动性紧张状况有了一定程度的缓解,反映在银行间市场上利率的普遍回落。
I. Market Review in July After the stock secondary market hit a new low of 2319 points adjusted for the current round of trading on the second trading day of the month in July, the stock market rebounded from a wave of first-mover and second-mover market. Market rebound basis, first, the valuation of the repair-style rebound, after the plunge in June, the market valuation fell into a relatively reasonable range, there is a rebound in the valuation needs; Second, policy easing expectations; Third, liquidity tensions With a certain degree of relief, it reflects the general decline in interest rates in the inter-bank market.