China Business Sector Edges Into Expansion in October: PMI Report
Hong Kong's third-quarter local gross domestic product is estimated to increase by 1.8% year-on-year.
The Census and Statistics Department of the Hong Kong government released the preliminary estimate figures for the third quarter of 2024 local Gross Domestic Product (GDP).
Stronger China Services Sector Activity Drives Up PMI -- Market Talk
Corporate loan interest rates hit a record low! In the first three quarters, the total financing provided by Beijing's financial system was nearly 950 billion yuan. In September, the weighted average interest rate for corporate loans dropped to 2.87%.
1. In the first three quarters of this year, the regions financial institutions in peking continued to show a growth trend in crediting. As of the end of September, the balance of various loans and deposits in RMB increased by 5.4% and 9.4% respectively year-on-year. 2. Since the beginning of this year, the average weighted interest rate for new corporate loans issued by financial institutions in peking has remained at a relatively low level, with the September average interest rate for corporate loans at 2.87%, reaching a new low in statistics.
The central bank: In September, various types of bonds totaling 7603.15 billion yuan were issued in the bond market.
On October 30, the People's Bank of China released the financial market operation situation for September 2024.
U.S. Consumer Confidence Surges in October to Highest Level in Nine Months
