China's new bank loans fell sharply in October, home mortgage loans picked up

>>REAL-TIME UPDATES IN THE WIRE. CLICK HERE<<<

China's new bank loans declined sharply in October from the previous month, though it beat market expectations, and the growth of M2 money supply slowed further.

Chinese banks extended 826.2 billion yuan of new loans in October, showed data released by the People’s Bank of China (PBOC) on Wednesday, sliding from 1.66 trillion yuan in September but better than expectations of 800 billion yuan in a Reuters survey. The figure was . . .

Sign In or Subscribe To Get Full Access.

Everything you need about China markets is on THE WIRE - one timeline with up-to-the-minute updates throughout every trading day.

Follow China Market In The Most Efficient Way!

TRY US FOR FREE