汇丰银行-xx宏观经济-china money supply data（june2017）lending to the real economy remains strong-20170712-hsbc.pdfVIP

Economics - Data Reactions 12 July 2017 China Money Supply Data (June Kelvin 2017) Lam Greater China Economist The Hongkong and Shanghai Banking Corporation Limited Lending to the real economy remains strong +852 2996 6975 kelvin.h.p.lam@.hk June money supply data continued to diverge between lending to the real economy and for the financial system. New lending by banks came in at View HSBC Global Research at: RMB1540bn in the month, stronger than market expectations, taking the annual growth rate to 12.9%, suggesting that credit extended to the real economy had remained strong. The breakdown shows that medium and long term lending to Issuer of report The Hongkong and Shanghai households and corporates remained robust. In addtion, broad money supply Banking Corporation Limited growth decelerated to 9.4% in the month on the back o