Central bank adopts multiple measures to support the market, experts expect liquidity to remain ample before the holiday.

On January 29th, the People's Bank of China conducted 354 billion yuan of 7-day reverse repurchase operations using fixed interest rates and quantity bidding methods. On that day, there were 210.2 billion yuan of 7-day reverse repurchase expiries in the open market, resulting in a net injection of 143.8 billion yuan. Experts stated that the central bank has recently taken a series of measures to clearly maintain liquidity intentions, and will continue to comprehensively use various monetary policy tools such as open market operations to ensure that liquidity remains at an adequate level.