Hedging against the LPR decrease while maintaining the 3% pricing line? Banks in Guangzhou, Xiamen, and other places are raising the interest rates for first-time homebuyers against the trend, which also considers risk prevention measures.
① On May 20, the LPR is likely to follow the market interest rate and be lowered by 10 basis points. If offset by the recent increases in Guangzhou and Xiamen, the LPR will remain at 3% and 3.05% respectively after the adjustment. ② The current average mortgage rate is 3.1%, at a ten-year historical low since the end of 2013. ③ If it falls below 3%, it will stimulate the psychology of investing in housing, posing some potential risks.
China's Factory Output Grows in April Despite Tariffs
In April, the total retail sales of social consumer goods increased by 5.1%.
In April, the total retail sales of consumer goods reached 3,717.4 billion yuan, an increase of 5.1% year-on-year. Among them, the retail sales of consumer goods excluding Autos amounted to 3,354.8 billion yuan, growing by 5.6%.
How will the A-share market unfold after the China-US Swiss Franc negotiations? What are the investment main lines? The strategies from the top ten brokerages are here.
Summary of the latest viewpoints on the top ten brokerages' strategies + overview of bullish sectors.
On the occasion of the two-year anniversary of the "Swap Connect," the average daily trading volume surged sevenfold, and the central bank has introduced an optimized policy package: the duration of interest rate swap contracts has been extended to 30 yea
As of the end of April 2025, 20 domestic Quote providers and 79 Overseas investors have cumulatively completed over 0.012 million RMB interest rate swap Trades, with a total nominal principal amount of about 6.5 trillion yuan.
The central bank today conducted a 92 billion yuan reverse repurchase operation for a 7-day period.
Gelonghui, May 14 | The central bank announced that to maintain reasonable and ample liquidity in the banking system, on May 14, 2025, the People's Bank conducted a reverse repurchase operation of 92 billion yuan at a fixed rate and quantity tendering method, with a maturity of 7 days and an operation rate of 1.40%. The bid amount and the winning amount were both 92 billion yuan. According to Hithink RoyalFlush Information Network's iFinD data, today, 195.5 billion yuan of 7-day reverse repos are maturing.