Scholars believe that measures launched by the Chinese government aim to deal with collective loan trends of collective loan set off by the owners of China's rotten tail buildings in the near future.While encouraging the rotten tail building to resume work as soon as possible, it also boosted market confidence by injecting liquidity to avoid financial risks overflowing to the stock market.
The downward pressure on the macroeconomic and real estate market in China has continued to increase.It is the largest single -day liquidity launch since this month, release the signal of "care" inter -bank liquidity.
Officials of the Bank of China Insurance Supervision and Administration Commission also requested banks on Sunday to invest in credit developers with qualified developers and assist in promoting the completion and delivery of residential projects.Scholars of interviewees believe that the two measures of the Chinese government are highly related to the collective suspension of lending lending set off by the owners of China's rotten tail buildings in many places in the near future.While encouraging the rotten tail building to resume work as soon as possible, it also boosted market confidence by injecting liquidity to avoid financial risks overflowing to the stock market.
The People's Bank of China will increase the amount of inverse repurchase operations on Monday on Monday, from 3 billion yuan in the previous two weeks to 12 billion yuan, which means that it will invest 9 billion yuan in net for the open market.Although the scale of 12 billion yuan in operation is not large, the People's Bank of China has re -increasing the net release of the current open market that has been very abundant in liquidity, which has been actively interpreted by some public opinion.
The China Banking Index rebounded more than 1 % due to good news
The good news boosted, last week fell 7 % to more than two new China Banking Index, which rebounded more than 1 % that morning; mainland real estate stocks rose by more than 2 % and near the Hong Kong market, respectively.5 %.
The Bank of China Insurance reported on Sunday that officials of the CBRC asked banks to make every effort to promote the "insured property", put credit to developers with conditions, and assist in promoting residential projects "fast resume work, early resumption of work, early delivery".The official also expressed its support for the project mergers and acquisitions to maintain the real estate market smoothly and orderly.
This is the second time the CBRC has spoiled the "suspension of loan" incidents in one week. Compared with the first statement of last Thursday, the latest response explained in detail about the relevant work steps.CBRC officials also confidently shouted on Sunday that with the joint efforts of relevant parties, "these difficulties and problems can be solved reasonably."
According to CCTV News Monday, compared with the shrinking real estate loan in May, the new loan in June is expected to exceed 150 billion yuan, indicating that China's real estate financing has shown a recovery trend.
Fu Fangjian, an associate professor of Li Guangqian Business School of Singapore Management University, interpreted in an interview with Lianhe Morning Post that the People's Bank of China injected liquidity on Monday on Monday, which is intended to maintain the normal operation of the economy and boost market confidence, and avoid the stock market turmoil.risk.
Fu Fangjian pointed out that the CBRC's explanation was to prevent the housing mortgage from continuing to overflow to the macroeconomic.He expects that the Chinese government may follow the method of responding to the Evergrande crisis before, and will not allow the developers of the rotten tail project to easily go bankrupt. Instead, they will send working groups to intervene in assets;A wave of mergers and acquisitions may be carried out on the bad tail project.
Fu Fangjian also evaluated that the Chinese housing market bubble is currently controllable, and the government has enough financial resources to bet on the broken capital chain. It is believed that it will not cause systemic financial risks.
On the other hand, in response to the difficulty of withdrawal of to withdrawn from Henan and Anhui Village and Town Bank, officials of the CBRC promise to start the advancement of customers with more than 50,000 yuan on Sunday, asking the affected people to wait patiently.The financial regulatory agencies of Henan and Anhui Province announced on July 11 that they paid the principal in batches, and began to pay for ordinary small customers of 50,000 yuan and below on the 15th.
