PBOC keeps loan prime rates steady, as expected

seekingalpha05-20

People’s Bank of China kept its one- and five-year loan prime rates unchanged at 3.45% and 3.95%, respectively, in line with expectations at the May fixing. The one-year loan prime rate, the benchmark...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2436339123?lang=en_US&edition=fundamental","thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1316801859/image_1316801859.jpg","is_english":true,"pubTime":"2024-05-20 15:01","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2436339123","market":"sg","top_or_hot":-1,"title":"PBOC keeps loan prime rates steady, as expected","media":"seekingalpha","content":"<div>\n<p>People’s Bank of China kept its one- and five-year loan prime rates unchanged at 3.45% and 3.95%, respectively, in line with expectations at the May fixing. The one-year loan prime rate, the benchmark...</p>\n\n<a href=\"https://seekingalpha.com/news/4108161-pboc-keeps-loan-prime-rates-steady-as-expected\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PBOC keeps loan prime rates steady, as expected</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPBOC keeps loan prime rates steady, as expected\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-20 15:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4108161-pboc-keeps-loan-prime-rates-steady-as-expected><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>People’s Bank of China kept its one- and five-year loan prime rates unchanged at 3.45% and 3.95%, respectively, in line with expectations at the May fixing. The one-year loan prime rate, the benchmark...</p>\n\n<a href=\"https://seekingalpha.com/news/4108161-pboc-keeps-loan-prime-rates-steady-as-expected\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"EWH","symbol_name":"香港ETF-iShares MSCI","start_time":0,"source_url":"https://seekingalpha.com/news/4108161-pboc-keeps-loan-prime-rates-steady-as-expected","article_id":"2436339123","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1316801859/image_1316801859.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2436339123","pubTimestamp":1716188519,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"People’s Bank of China kept its one- and five-year loan prime rates unchanged at 3.45% and 3.95%, respectively, in line with expectations at the May fixing. The one-year loan prime rate, the benchmark for most corporate and household loans, was held at 3.45%. Similarly, the five-year rate, which serves as a reference for property mortgages, was maintained at 3.95%. Last week, the PBOC also maintained the medium-term lending rate at 2.5%, as part of its ongoing efforts to stabilize the yuan. Separately, Beijing pledged fresh stimulus for the property sector by easing purchase rules and urging local governments to buy unsold houses from builders for conversion into affordable ones.  ETFs: , , , , , , , , , , , , , , , , , . Currency:  More on China  China's consumer prices rise for third month; producer prices drop more than expected China trade surplus smaller than expected as exports grow much less than imports China's industrial production and retail sales rise less than expected in M","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"EWH":"香港ETF-iShares MSCI","MCHI":"中国ETF-iShares MSCI","KURE":"KraneShares MSCI All China Health Care Index ETF","CQQQ":"中国科技指数ETF-Guggenheim","PGJ":"中国ETF-PowerShares Gldn Drago","YINN":"三倍做多富时中国ETF-Direxion","KWEB":"中国海外互联网ETF-KraneShares","BK4588":"碎股","KBA":"KraneShares Bosera MSCI China A 50 Connect Index ETF","CHIQ":"中国消费者指数ETF-Global X","FXI":"中国大盘股ETF-iShares","CWEB":"两倍做多沪深中国互联网股票ETF-Direxion","CHIX":"中国金融指数ETF-Global X","CXSE":"WisdomTree China ex-State-Owned Enterprises Fund","BK4504":"桥水持仓","TDF":"Templeton Dragon Fund Inc","ASHR":"德银沪深300指数ETF","GXC":"中国ETF-SPDR S&P","YANG":"三倍做空富时中国ETF-Direxion","CAF":"摩根史坦利中国A股指数基金","BK4585":"ETF&股票定投概念"},"translate_title":"中国人民银行维持贷款最优惠利率稳定，如预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EWH":1,"YINN":1,"YANG":1,"TDF":1,"PGJ":1,"MCHI":1,"KWEB":1,"KURE":1,"KBA":1,"GXC":1,"FXI":1,"ASHR":1,"CXSE":1,"CWEB":1,"CQQQ":1,"CHIX":1,"CHIQ":1,"CAF":1},"content_text":"People’s Bank of China kept its one- and five-year loan prime rates unchanged at 3.45% and 3.95%, respectively, in line with expectations at the May fixing. The one-year loan prime rate, the benchmark for most corporate and household loans, was held at 3.45%. Similarly, the five-year rate, which serves as a reference for property mortgages, was maintained at 3.95%. Last week, the PBOC also maintained the medium-term lending rate at 2.5%, as part of its ongoing efforts to stabilize the yuan. Separately, Beijing pledged fresh stimulus for the property sector by easing purchase rules and urging local governments to buy unsold houses from builders for conversion into affordable ones.  ETFs: (FXI), (KWEB), (CQQQ), (MCHI), (ASHR), (YINN), (TDF), (CHIQ), (GXC), (EWH), (KBA), (YANG), (CXSE), (CAF), (CWEB), (PGJ), (KURE), (CHIX). Currency: (CNY:USD) More on China  China's consumer prices rise for third month; producer prices drop more than expected China trade surplus smaller than expected as exports grow much less than imports China's industrial production and retail sales rise less than expected in March China's Q1 GDP expands 5.3% Y/Y, beats expectations China's inflation rate rises at a slower pace than expected","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2436339123"}