Bull market suffered the greatest "upstream"

: An, in Central http://and the CBRC dual credit under strict control measures, for the month of November the new loans for financial institutions to 874 billion, the lowest value since the beginning of this year. In particular, the country's major regulation of fixed asset investment loans, slowdown evident. But before November, loans-on-year growth still 17.03 per cent from the previous banking regulatory Commission Chairman Liu mingkang requirements of 15% is still a large gap. Industry noted that 15% of credit growth target, this dinosaur difficult to achieve.

The Central Bank announced yesterday for the month of November of monetary and credit data indicate that the month of November this year, the financial institution loans increased by RMB 874 billion, an increase of less 1062 billion. As of the end of November, the financial institution RMB loans balance 26.12 billion, an increase of 17.03%, an increase of year-end 1.93 percentage decline than 0.63 percentage points last month. From January to November, a total of RMB loans increased by 3.58 trillion, according to the comparable year-over-year increase 6203 billion.

Enter the 4 quarter since launch for the strict control of credit, Central Bank and the CBRC held related meetings several times, requiring banks to control the speed and size of the loan. Even it is said, not complying with the provisions of the commercial bank lending, may result in severe penalties. In addition to the administrative control measures, the Central Bank in Q4 also massive use of monetary policy instruments, the use of market-based tools to shrink. The Central Bank into Q4 for several times by the deposit reserve ratio, lock a considerable scale of mobility, particularly the 10 times a year by the deposit reserve ratio of cumulative effects, will objectively had banks lending impulse suppression.

Data display, November's new loan structure, non-financial corporations and other sector loan growth has declined most distinctly, single count 343 billion, an increase of $ less 1158; especially long term loans released, add new $ 563 million, compared to 50 per cent decline. This shows that the function affected by regulatory policies, mainly used in fixed asset investment growth rate of loans falling significantly.

The central figures in another aspect, as the stock market adjustment is large, resident deposits back significantly. November household deposits increased $ 2628 billion, while the month of October, the decline in household deposit slips, 5062 billion.

At the same time, including insurance companies, corporate deposits also increase in mass. According to statistics, the Central Bank Shanghai headquarters November, Shanghai market insurance company new deposits up to 223.7 billion yuan, an additional 262.5 billion yuan, of which 85% of demand deposits. Industry analysts believe that insurance companies one of the reasons for the deposits is avoiding deep amplitude adjustment of capital markets.

Bull market suffered the greatest countercurrent bearish return to Shanghai November 123-million reservoir

According to Oriental morning news, November bearish move to Shanghai savings suffered a bullish momentum since the maximum current. Bank of Shanghai headquarters yesterday published November monetary credit report, November-affiliated financial institutions increase of RMB deposit 939.5 billion, more than a month, a month in 1958 billion Central High than Delta, where the residents ' savings increase 123.3 billion, while the month of October, Shanghai savings greatly reduced 552.9 billion.

Savings on roller coaster

Household savings stock market moving again, refraction and warm. In October of this year, the stock hit a high point 6100 points, this month's Shanghai residents ' savings greatly reduced 552.9 billion, set the maximum number of years. But November stock market performance, savings and significantly increase the reflux, monthly savings, but also the 123.3 billion mostly current savings (120.7 billion).

Substantial increase of demand deposits, and short-term investment risk averse investors, resulting in significant return on investment capital for banks. Bank of Shanghai headquarters yesterday in the report admits.

Including savings, companies such as deposits, November-affiliated financial institutions renminbi deposits increase sharply last month, 939.5 increased 1958 billion, a record month cycles than incremental historical high.

Foreign rows contiguous August loan-deposit

This year's Shanghai foreign bank loans increased faster, run on monetary credit's influence is increasing. The report noted that in November this year former foreign rows count Shanghai loans 834.9 billion, representing more than RMB loans up in increments of 46 percent, since April, foreign banks have continuous 8 months month loan incremental apparent over deposit increment.

Thus, the end of November, Shanghai Municipal foreign currency loan-to-deposit ratio has reached 156.7 percent compared with 2006 year-end increased 27.4 percentage points.

In November, the Shanghai Foreign rows count 130.9 million RMB loans, loans of up to 87%.

From lending institutions, the transformation in Shanghai as corporate 10 foreign bank Shanghai Branch loan less than last month, its new 39.6 million loans in the total of foreign banks ' loan incremental 29.2 per cent compared to the previous month decreased 24.7 percentage, also account for less than its deposit incremental; and illegal people than foreign banks RMB loan growth momentum is cool.

In addition, 11 December, Shanghai Chinese line personal home loans increased by $ 50.5 million, compared to the previous month increased 0.7 billion. Press into the month new homes and second-hand housing loans respectively 29.1 billion and 21.4, last month respectively 0.3 billion yuan more and 0.4 billion. Housing Fund loans increased 22.7 billion, more than half of the year increased 2.9 billion last month. But at the same time, the Chinese line other consumer lending significantly reduce 6.5 billion.