The central bank resumes trading of government bonds, experts expect the scale of government bond purchases in November to moderately increase.

Ming Ming, Chief Economist of CITIC Securities, said that the net injection of 20 billion yuan in government bonds in the open market in October will help maintain liquidity and stabilize market expectations. He expects that the central bank may moderately increase the scale of government bond purchases in November to smooth out liquidity pressures depending on market conditions. Overall, the policy orientation of "stability with slight easing" is expected to continue.