The Core Foundation has partnered with institutional lending protocol Maple Finance and custodian companies BitGo, Copper, and Hex Trust to expand deeply into the bitcoin staking space. Core's IstBTC token allows institutional participants to remain securely within a trusted custodian partner while receiving benefits from bitcoin holdings without the risk or operational burden of smart contracts. Maple will issue a liquid staking token in the coming months, which will allow trading firms and ass...
1. Central Bank: At the end of the fourth quarter of 2024, the balance of RMB real estate development loans was 13.56 trillion yuan, an increase of 3.2% year-on-year. 2. Central Bank: At the end of the fourth quarter of 2024, the balance of medium and long term loans in the real estate industry increased by 7.1% year-on-year, and the growth rate was 2.8 percentage points higher than that at the end of the previous year. 3. Xiaoyangchun in Shenzhen's property market took off, and the number of se...
February 14th news, the central bank report shows that at the end of January, the balance of domestic and foreign currency loans 264.60 trillion yuan, an increase of 7%. At the end of the month, the balance of RMB loans 260.77 trillion yuan, an increase of 7.5%. RMB loans increased by 5.13 trillion yuan in January. By sector, household loans increased by 443.80 billion yuan, of which short-term loans decreased by 49.70 billion yuan, medium and long term loans increased by 493.50 billion yuan; en...
On December 10, CITIC Securities released the learning experience of the Politburo meeting in December 2024, saying that the new round of policy starting gun was fired, and the policy inflection point was confirmed again. It is clear that the macro policy will be strengthened in 2025. From the perspective of monetary policy, this Politburo meeting called for the implementation of moderately loose monetary policy. This is the first time our country has implemented moderately loose monetary policy...
U.S. mortgage rates fell for the second straight week. Freddie Mac said Thursday that the average for 30-year fixed-rate mortgages in the U.S. was 6.69 percent, the lowest level since Oct. 24 and a further pullback from last week's 6.81 percent. However, borrowing costs remain well above September levels and real relief from stress may be a long way off. Real estate firm Redfin expects 30-year mortgage rates to remain fairly close to 7 percent throughout 2025.
U.S. mortgage rates fell for the second straight week. Freddie Mac said in a statement Thursday that the average level for 30-year fixed-rate mortgages was 6.69 percent, the lowest since Oct. 24 and down from last week's 6.81 percent. Borrowing costs remain well above September levels and real relief from stress may be a long way off. Redfin Corp. expects 30-year mortgage rates to remain fairly close to 7 percent throughout 2025.
On December 3rd, the Shanghai financial supervision department has recently expanded the pilot program of employee stock ownership loans in technology enterprises from Lingang New Area and Zhangjiang to the whole city of Shanghai. This innovative measure is at the forefront of the country.
On November 24th, the State Administration of Financial Supervision released today (24th) that as of the end of October, the national inclusive small and micro enterprise loan balance increased by 14.98% year-on-year, and the loan interest rate continued to decline. Data show that at the end of October, the national inclusive small and micro enterprise loan balance was 32.45 trillion yuan, an increase of 14.98% year-on-year, 7.47 percentage points higher than the growth rate of various loans. Am...
On November 11th, today, the data released by the central bank shows that the new RMB loans in October were 500 billion yuan, an increase of 238.40 billion yuan year-on-year. Wang Qing, chief macro analyst of Dongfang Jincheng, pointed out that the acceleration of debt conversion by urban investment companies is the main reason why the medium and long term loans of enterprises increased by 386.30 billion yuan year-on-year. Excluding the influence of this factor, the actual new loans in October i...
Central Bank: At the end of October, the balance of domestic and foreign currency loans was 258.18 trillion yuan, an increase of 7.5% year-on-year. At the end of the month, the balance of RMB loans was 254.10 trillion yuan, an increase of 8% year-on-year.