Pump: M2 Growth Rebounds to 8.6pc in July

M2 increased 0.34 percent in July, higher than the 0.19 percent decline in July 2017. Three-month annualized M2 growth is 9.1 percent, higher than the year-ago 8.3 percent. Twelve-month growth is 8.55 percent.

Reuters: China July new loans stronger than expected, M2 at five-month high