China lending data now out 12 May

  • new yuan loans 1.1trln vs 714bln exp
  • end-April lending yy +12.9% vs 12.5% exp
  • end-April FX depos $777.5bln vs $772.2bln prev
  • end-April outstanding total social financing +12.8% yy, at 1.39trln yuan

Banking regulator official says they are paying special attention to real estate loans to small and medium-sized developers.

More liquidity added today by the PBOC via MLF