Mar 14 - Shanghai’s Individual Mortgage Loans Decline Nearly CNY 2 Billion

Source: Shanghai Head Office of PBOC, ChinaScope Financial (Data)

+       According to the latest report released by the People’s Bank of China Shanghai Branch on February 13, individual mortgage loans in Shanghai fell CNY 1.98 billion in February, decreasing CNY 4.06 billion month-on-month and CNY 5.31 billion year-on-year.

+       Incremental CNY loans in Shanghai was CNY 34.56 billion in February, increasing CNY 7.72 billion month-on-month and CNY 11.53 billion year-on-year.

Summary of deposits and loans (CNY and Foreign Currency) in Shanghai

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n Shanghai’s Individual Mortgage Loans Decline Nearly CNY 2 Billion

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