Cointime

Download App
iOS & Android

China's June M2 Money Supply Grows 8% Year-on-Year, Below Expectations

On July 15, it was reported that China's M2 money supply in June increased by 8% year-on-year, below the expected 8.5% and down from the previous value of 8.6%.

Comments

All Comments

Recommended for you

  • Israeli Official: Prime Minister Netanyahu to Visit the U.S. on Saturday

    On July 15, an Israeli official announced that Prime Minister Netanyahu will travel to the United States on Saturday.
  • Central Bank: Slower and Higher-Quality Loan Growth May Become a New Normal in Macroeconomic Operations

    On July 15, Xie Guangqi, Director of the Monetary Policy Department of the People's Bank of China, stated at a press conference held by the State Council Information Office that in the coming period, monetary credit will shift from extensive expansion to intensive development, and the slowdown and quality improvement of loans may become one of the new norms in macroeconomic operations. (Xinhua Finance)
  • Central Bank: Do Not Judge Policy Direction Based on Single Market Operation Volume

    On July 15, Zou Lan, Deputy Governor of the People's Bank of China, stated at a press conference held by the State Council Information Office that the central bank will consider various factors comprehensively and arrange the types and scales of open market operations reasonably. Sometimes it will absorb liquidity, and at other times it will inject liquidity, ultimately aiming to maintain the total liquidity at an appropriate level to promote stable operation of short-term interest rates near the policy rate. The volume of a single operation serves the need for total liquidity regulation and should not be used to judge the central bank's policy direction. Compared to the central bank's operation volume, the level of short-term market interest rates is a more suitable observation indicator. (Securities Times)
  • Central Bank: Social Financing Scale Reaches 462.06 Trillion Yuan by End of June 2026, Up 7.4% Year-on-Year

    On July 15, the Central Bank released the financial statistics report for the first half of 2026. Preliminary statistics show that by the end of June 2026, the social financing scale reached 462.06 trillion yuan, a year-on-year increase of 7.4%. Among this, the balance of RMB loans issued to the real economy was 279.16 trillion yuan, up 5.3% year-on-year; the balance of foreign currency loans issued to the real economy, converted to RMB, was 1.18 trillion yuan, down 2.9% year-on-year; the balance of entrusted loans was 11.24 trillion yuan, up 0.5% year-on-year; the balance of trust loans was 4.62 trillion yuan, up 4% year-on-year; the balance of undiscounted bank acceptance bills was 2.02 trillion yuan, down 2.8% year-on-year; the balance of corporate bonds was 36.08 trillion yuan, up 8.9% year-on-year; the balance of government bonds was 101.36 trillion yuan, up 14.2% year-on-year; and the balance of domestic stocks held by non-financial enterprises was 12.49 trillion yuan, up 5% year-on-year.
  • U.S. War Costs with Iran May Reach $100 Billion

    According to three U.S. officials and three individuals familiar with internal cost assessments, the cost of the war with Iran could exceed the previously estimated $30 billion by more than three times. Sources indicate that after accounting for repairs to damaged U.S. military bases, replacing destroyed aircraft, and fully replenishing consumed U.S. weapons and equipment, the Department of Defense's internal estimate for the total cost of the war is between $80 billion and $100 billion. Previously, the Pentagon faced funding shortfalls due to its failure to estimate the costs of this war and other military operations, including actions against drug trafficking organizations in the Western Hemisphere. The Pentagon is seeking an additional budget appropriation of $68 billion. If Congress approves, this funding would allow the Pentagon to maintain operations until this fall, when Congress will consider a new budget proposal amounting to $1.5 trillion. So far, there has been little interest among lawmakers in approving this supplemental funding request.
  • BTC Surpasses $65,000

    Market data shows that BTC has surpassed $65,000, currently priced at $65,000.29, with a 24-hour increase of 3.73%. The market is highly volatile, so please ensure proper risk management.
  • Hyperliquid Lists Changxin Storage Pro-IPO with Over 5x Premium to IPO Price

    On July 15, Hyperliquid listed Changxin Storage (CMXT) Pro-IPO and began trading. The current quoted price is around 8 USD, which is more than 5 times the IPO price of 8.66 RMB per share. If Changxin Storage's IPO price rises to this level after the market opens, it would imply a market valuation of 3.6 trillion RMB.
  • US SEC's Special Working Group on Crypto Assets Meets with Hyperliquid Representatives to Discuss Regulation

    On July 14, 2026, staff from the US SEC's Special Working Group on Crypto Assets met with representatives from Hyperliquid Policy Center, Hyperliquid Labs, TradeXYZ, and others to discuss approaches to cryptocurrency regulation. Representatives from Hyperliquid Policy Center, Hyperliquid Labs, TradeXYZ, and the law firm Sullivan & Cromwell provided an overview of the Hyperliquid protocol, including its technology, market, and related ecosystem participants.
  • Trump Discusses Plans to Expand Strikes Against Iran

    According to AXIOS: Three informed sources revealed that on Tuesday local time, U.S. President Trump held a meeting in the White House Situation Room to discuss a large-scale offensive against Iran; the scope of this operation will be broader than the current strikes around the Strait of Hormuz. Trump appears intent on escalating the conflict, aiming to inflict sufficient damage to compel the Iranian regime to open the Strait of Hormuz and accept his demands regarding nuclear issues. (Jinshi)
  • US Spot Ethereum ETF Sees Net Inflow of $58.4 Million Yesterday

    On July 15, according to monitoring by Trader T, the US spot Ethereum ETF experienced a net inflow of $58.4 million yesterday.