Second, the reduction of reserve means that the central bank's monetary policy has loose expectations. A most of the stock market's rise is driven by funds. The loose money will provide sufficient ammunition for the rise of the stock market. The loose money will support or stimulate the real economy, and improve people's expectations of the future stock market. The reduction is directly beneficial to bank stocks.

Third, targeted reduction of standards is conducive to ease the financing difficulties of small and micro enterprises and promote the development of the real economy. Large companies and enterprises are often the priority to obtain financing. This targeted reduction is not only for the three rural and small and micro enterprises, but also for financial companies, financial leasing companies and auto finance companies, which is conducive to improving the efficiency of enterprise capital utilization, expanding consumption, and also plays a role in supporting the development of the real economy.

4. The reduction of the standard can increase the increment of money, so that banks have more money to invest in economic life, and the rise and fall of a shares are highly related to the liquidity of money. If more money flows into the stock market, the amount of money will increase, and the capital cost will be reduced due to the abundant capital in the market. The company in the market is expected to reduce the financing cost.

v. the impact of "reduction standard" on the real estate market is limited. The first is to reduce the deposit reserve ratio to benefit the real estate market, but it is difficult to rescue the market. For the real estate market which is still in the environment of deep regulation and control, it is good news.