Jan 19 - China’s Social Financing in 2011 Was 12.83 Trillion

Source: Ministry of Industry and Information Technology, ChinaScope Financial (Data)

+    Data from People’s Bank of China (PBOC) on January 18 shows that China’s social financing in 2011 was at CNY 12.83 trillion, CNY 1.11 trillion less than that of 2010.

+    In 2011, 58.3% of total social financing was contributed by bank loans denominated in CNY, 1.6 percentage points higher than that of 56.7% in 2010, while 4.5% was contributed by foreign currency loans, 1 percentage point higher than that of 3.5% in 2010.

+    Related Companies: China Telecom (HKEX: 0728) , China Mobile (HKEX: 0941), China Unicom (Hong Kong) (HKEX: 0762) 

+    Related Data: Social Financing Scale, RMB Loans

Undiscounted bank acceptance bills: the largest decrease compared with last year.

For more data on other financial information, please visit www.chinascopefinancial.com


Other News Headlines

• China’s Social Financing in 2011 Was 12.83 Trillion
• China’s FDI Decreased 12.73% YoY in December 2011
• Home Prices in 70% Large and Medium Cities Fell MoM in Dec.
• China’s Reduced Treasury Holdings by USD 1.5 Billion in Nov.

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