Policy 'combination punch' boosts market confidence, chemical industry welcomes new opportunities

On September 24, 2024, China launched a series of heavyweight financial policies aimed at further boosting the economy and stabilizing market expectations. The policies include reducing the reserve requirement ratio and policy interest rate, optimizing real estate financial policies, and creating new monetary policy tools to support the stable and healthy development of the capital market and real estate market. These measures have had a significant impact on future economic trends, stock futures markets, and the chemical industry.

Economic Outlook: Policy Stimulus Helps Stabilize the Economy

The People's Bank of China announced that it would cut the deposit reserve ratio by 0.5 percentage points in the near future, inject about 1 trillion yuan of long-term liquidity into the financial market, and cut the operating interest rate of 7-day reverse repo by 0.2 percentage points to 1.5%. This series of easing measures aims to promote steady economic recovery by reducing financing costs and enhancing market liquidity. At the same time, multiple real estate support policies have been released, including reducing the interest rates of current housing loans and unifying the minimum down payment ratio for housing loans to 15%. These measures will not only directly alleviate the pressure on borrowers, but also promote the stable development of the real estate market, which is expected to drive consumption and investment recovery.

Stock trading futures market performance: Positive policies boost confidence

After the introduction of the new policy, the stock futures market experienced a significant increase. The central bank has created new monetary policy tools, such as securities, funds, insurance company swap facilities, and stock repurchase and increase special repurchase funds. These measures will effectively improve the ability to obtain funds, support stock manipulation and repurchase, and boost confidence in the capital market. The market expects that in the coming period, these policies will further release positive news and promote the steady development of the stock market.

Outlook for the Chemical Industry: Policy Dividends Bring New Opportunities

For the chemical industry, this policy adjustment undoubtedly brings new development opportunities. With the gradual recovery of the economy, infrastructure construction and the recovery of the real estate market will drive the growth of demand for chemical raw materials. In addition, reducing financing costs will also help companies reduce financial pressure, enhance investment capabilities and market competitiveness.

Especially for some basic chemical raw materials, such as dicarboxylic acids, polyester raw materials, and engineering plastics, with the recovery of downstream industrial chains, they are expected to experience a peak in demand. As a one-stop chemical supplier, HY Chem will fully seize market opportunities, further expand its business, and meet the market's demand for high-quality chemical products.

Looking ahead to the future: Seize policy opportunities and achieve high-quality development

This policy combination not only injects a stimulant into the market, but also brings new opportunities for enterprise development. In the future, HY chem will actively respond to policy calls, continuously optimize business structure, enhance product competitiveness, and contribute to promoting high-quality development of the chemical industry.

Overall, this policy will further consolidate market confidence and promote gradual economic recovery. The chemical industry will also usher in a new round of growth under the policy dividend. HY chem will closely monitor market trends, seize opportunities, and achieve high-quality development of enterprises.

(The above content is compiled based on CCTV, Sina News, 21st Century Business Herald, etc.)