China RMB Funding Sentiment Index Rises to 48 as of June 29, Up 1 Point

According to Jin10, as of 08:45 on June 29, the CFETS-NEX China RMB funding sentiment index rose to 48, up 1 point from the previous day's 16:00 close. The sentiment index for large banks, mid-size banks, and non-bank institutions stood at 47, 50, and 47 respectively, each up 1 point. The index ranges from 0 to 100, with 50 marking equilibrium and readings above 50 indicating funding tightness.
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