每經AI快訊，華(hua)泰證券研(yan)報指(zhi)出，近(jin)期，證監會就活(huo)(huo)躍資(zi)(zi)本市(shi)場推一攬子政策，其中8月27日(ri)宣布降低(di)(di)融(rong)(rong)(rong)資(zi)(zi)保證金比(bi)例(li)，自9月8日(ri)收(shou)市(shi)起實施，為(wei)兩(liang)融(rong)(rong)(rong)業務(wu)啟動(dong)(dong)以來首次下(xia)(xia)調，力度(du)超市(shi)場預(yu)期。政策落地后(hou)(hou)理論上可(ke)釋放約4000億元可(ke)融(rong)(rong)(rong)資(zi)(zi)空間(jian)，有望提(ti)升(sheng)兩(liang)融(rong)(rong)(rong)交易活(huo)(huo)躍度(du)，提(ti)振市(shi)場信(xin)心和流動(dong)(dong)性(xing)。杠桿資(zi)(zi)金的市(shi)場行為(wei)有一定(ding)前瞻意義：1）近(jin)1個月融(rong)(rong)(rong)資(zi)(zi)活(huo)(huo)躍度(du)低(di)(di)位（＜8%）回暖往(wang)往(wang)是市(shi)場觸底反(fan)彈的信(xin)號(hao)；2）融(rong)(rong)(rong)資(zi)(zi)凈買(mai)入額(e)回升(sheng)往(wang)往(wang)伴隨著成(cheng)交額(e)放大、風(feng)險偏(pian)好回升(sheng)和賺錢效(xiao)應改(gai)善。截(jie)至9月8日(ri)，兩(liang)融(rong)(rong)(rong)活(huo)(huo)躍度(du)6.1%，融(rong)(rong)(rong)資(zi)(zi)保證金比(bi)例(li)下(xia)(xia)調落地后(hou)(hou)或盤(pan)活(huo)(huo)存量資(zi)(zi)金、吸(xi)引(yin)增量資(zi)(zi)金，為(wei)市(shi)場積蓄上行動(dong)(dong)能。