Home Mortgages Propped Up May Loans

China's central bank released data showing that in May, RMB loans increased 985.5 billion yuan......Benefited from strong sales of real estate, individual long-term loans in May increased 528.1 billion yuan, accounting for nearly half of the monthly new credit and...the loans were primarily home loans.

iFeng: 5月M2增速跌破12% 个人房贷撑起新增贷款半边天