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Top related persons:
Zhiwei Zhang - 1 Yi Gang - 1 Nomura - 1 TSF - 1 Qiaoyi Li - 1 Judy Hua - 1 Kevin Yao - 1 Jacqueline Wong - 1
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BEIJING Shanghai Beijing U.S . Federal TSF
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People's Bank of China - 1 PMI - 1 Capital - 1 Analysts - 1 U.S - 1 Thomson - 1

Search resuls for: "Judy Hua Kevin Yao"


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☆ China's May new loans miss forecasts, more stimulus likely
  + stars: | 2023-06-13 | by ( Judy Hua Kevin Yao | Judy Hua | Kevin Yao | ) www.reuters.com   time to read: +5 min
Economists polled by Reuters had expected new yuan loans would jump to 1.6 trillion yuan last month, versus 718.8 billion yuan in April and against 1.89 trillion yuan a year earlier. Outstanding yuan loans in May grew 11.4% on year compared with 11.8% growth the previous month. Household loans including mortgages were up 367.2 billion yuan in May, versus a contraction of 241.1 billion yuan in April. Corporate loans rose to 855.8 billion yuan in May from 683.9 billion yuan in April, central bank data showed. In May, TSF rose to 1.56 trillion yuan from 1.22 trillion yuan in April.
Persons: Zhiwei Zhang, Yi Gang, Nomura, TSF, Qiaoyi Li, Judy Hua, Kevin Yao, Jacqueline Wong Organizations: People's Bank of China, Reuters, PMI, Capital, Analysts, U.S, Thomson Locations: BEIJING, Shanghai, Beijing, U.S . Federal, TSF
☆ China's February credit grows faster than expected, supporting recovery
  + stars: | 2023-03-10 | by ( Judy Hua Kevin Yao | Judy Hua | Kevin Yao | ) www.reuters.com   time to read: +4 min
New bank lending fell much less than expected in February from a record high the previous month. Chinese banks extended 1.81 trillion yuan ($260 billion) in new loans last month. Analysts polled by Reuters had predicted they would fall to 1.50 trillion yuan from 4.9 trillion yuan in January, and compared with 1.23 trillion yuan a year earlier. Household loans, mostly mortgages, fell to 208.1 billion yuan in February from 257.2 billion yuan in January, while corporate loans fell to 1.61 trillion yuan from 4.68 trillion yuan. TSF for the month of February fell to 3.16 trillion yuan from 5.98 trillion yuan in January, but was still well ahead of expectations for 2.20 trillion yuan.
☆ China Dec new bank loans beat forecast, 2022 lending at record high
  + stars: | 2023-01-10 | by ( Judy Hua Kevin Yao | Judy Hua | Kevin Yao | ) www.reuters.com   time to read: +3 min
Analysts polled by Reuters had predicted new yuan loans would drop to 1.1 trillion yuan in December from 1.21 trillion yuan the previous month. New bank lending hit a record 21.31 trillion yuan in 2022, up from 19.95 trillion yuan in 2021 - the previous record. Broad M2 money supply grew by 11.8% in December from a year earlier, central bank data showed, below estimates of 12.2% forecast in the Reuters poll. Outstanding yuan loans grew by 11.1% in December from a year earlier compared with 11.0% growth in November. In December, TSF fell to 1.31 trillion yuan from 1.99 trillion yuan in November.
☆ China Nov new bank loans rise more slowly than expected
  + stars: | 2022-12-12 | by ( Judy Hua Kevin Yao | Judy Hua | Kevin Yao | ) www.reuters.com   time to read: +4 min
Analysts polled by Reuters had predicted new yuan loans would jump to 1.35 trillion yuan in November. Household loans, including mortgages, rose to 262.7 billion yuan in November, versus a contraction of 18 billion yuan in October. Corporate loans rose to 883.7 billion yuan from 462.2 billion yuan in October. New loans totalled 19.91 trillion yuan in January-November, central bank data showed, compared with a record 19.95 trillion yuan in 2021. Outstanding yuan loans grew 11.0% in November from a year earlier compared with 11.1% growth in October.
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