观点影子银行

Rising rates will help cure China’s credit addiction
高利率有助于manbetx3.0 摆脱信贷依赖


香港慢牛投资公司董事长张化桥:manbetx3.0 需要更高的利率水平,以给房地产市场泡沫降温,缩减浪费性投资,并尽可能降低普通储户对银行的补贴。

In June and December last year, China’s interbank interest rates jumped from their normal level of about 3 per cent to peak as high as 9 per cent a year. The shockwaves did not stop there. Banks scrambled for deposits and pushed up interest rates on their wealth management products. Funding costs in the vast shadow banking sector also moved up, while stocks and bonds suffered falls.

去年6月和12月,manbetx3.0 银行间拆借利率从3%左右的正常水平,飙升至9%的高点。利率飙升的冲击并未就此止步。银行拼命争夺存款,并推高了其理财产品的收益率。规模庞大的影子银行体系中的融资成本也在走高,而股票和债券则出现下跌。

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