Since the beginning of this year, China's loan rates have remained at a low level, continuing a downward trend in July. In July, the weighted average interest rate for new corporate loans was slightly below 3%, approximately 0.2 percentage points lower than the same period last year; the weighted average interest rate for new personal housing loans was about 3.1%, roughly unchanged from the same period last year. (Xinhua News Agency)
Welcome Back
Click “Sign in” to agree to Cointime’s Terms of Service and acknowledge that Cointime’s Privacy Policy applies to you.
Join CoinTime
Already have an account?
Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Sign in with email
Sign up with email
Your email
Check your inbox
Click the link we sent to to sign in.
Click the link we sent to to sign up.
July Loan Rates Remain Low
-
Wechat scan to share
Recommended for you
-
LG Signs Agreement with NVIDIA: Humanoid Robot with NVIDIA Chips to Launch in 2027
On August 14, LG Group Chairman Koo Kwang-mo met with NVIDIA CEO Jensen Huang at NVIDIA's headquarters in Santa Clara, California, on August 13 local time. The two parties signed a strategic cooperation memorandum covering three key areas: robotics, AI factories, and mobile transportation. They plan to jointly launch a bipedal humanoid robot equipped with NVIDIA chips in the first quarter of 2027, marking a significant step in the collaboration between the two tech giants in the field of physical AI. During the meeting, Koo presented Huang with a miniature model of an LG bipedal humanoid robot. -
SanDisk's Pre-Market Gains Expand to 6%
On August 14, SanDisk's pre-market gains expanded to 6%, reaching $1620 per share, following a nearly 14% surge in the previous trading session. Micron saw a pre-market increase of 3%. JPMorgan is optimistic about memory demand, assigning SanDisk an 'Overweight' rating with a target price of $2250. -
-
Scholar: Economic Shockwaves from US-Iran Conflict Spread, Trump Faces Internal and External Pressures
Professor Simon Mabon from Lancaster University stated that as the economic consequences of the Iran war ripple across the globe, US President Trump is facing increasing domestic and international pressure. He pointed out that with the midterm elections approaching and inflation rising, this conflict has created political challenges within the US, while the global economy is also 'feeling the pinch'—affecting not only oil and diesel but also fertilizers and global shipping routes. Mabon noted that any goods transported through the Strait of Hormuz will be impacted, with rising transportation costs and insurance premiums ultimately passed on to end users. -
Central Bank: M2 Increased by 7.7% Year-on-Year in July
On August 14, the Central Bank reported that by the end of July, the balance of broad money (M2) was 355.51 trillion yuan, an increase of 7.7% year-on-year. The balance of narrow money (M1) was 115.46 trillion yuan, up 4% year-on-year. The balance of currency in circulation (M0) was 14.82 trillion yuan, a year-on-year increase of 11.6%. In the first seven months, a net cash injection of 725.5 billion yuan was made. -
SK Hynix Confirms 3.98 Trillion Won Loss Due to Convertible Bond Exchange and Stock Price Increase
According to regulatory documents, SK Hynix confirmed a derivative trading loss of 3.98 trillion won related to the convertible bonds issued in April 2023 for the first half of 2026. This loss resulted from bondholders exercising their conversion rights and the increase in SK Hynix's stock price listed in South Korea. SK Hynix stated that the aforementioned accounting loss would not lead to actual cash outflows; at the same time, the gains from the disposal of treasury shares recognized when the convertible bonds were converted into shares have largely offset the related losses. The company noted that all convertible bonds had been converted into shares by the end of the first half, and therefore, there were no remaining derivative valuation losses related to this batch of convertible bonds as of the end of the period. (Bloomberg) -
US Imposes Up to 100% Tariff on Imported Drones and Parts, Drone Stocks Rise Pre-Market, Unusual Machines Up Over 11%
On August 14, drone-related stocks in the US market collectively rose in pre-market trading, with Unusual Machines increasing by over 11%, Red Cat Holdings and ParaZero Technologies up over 4%, Vertical Aerospace, Palladyne AI, and Ondas rising over 3%, and AgEagle Aerial Systems gaining nearly 3%. In a statement, the White House announced that President Trump signed a proclamation imposing tariffs ranging from 10% to 100% on imported drones and parts, citing national security threats. The proclamation specifies a 100% tariff on drones with highly sensitive specific sizes or functions, as well as docking stations for such drones and certain critical components. This category includes drones with a maximum takeoff weight exceeding 25 kilograms and those equipped with thermal imaging capabilities. Additionally, a 25% tariff will be applied to certain smaller drones and other drone components that do not possess specific functions. The announcement also states that a 15% tariff will be imposed on drones and components from the European Union, Japan, Liechtenstein, South Korea, and Switzerland. Furthermore, a 10% tariff will be levied on drones from the UK, provided that their hardware, software, and technology primarily originate from the aforementioned countries and regions, as well as the US. The tariffs are set to take effect 21 days after the signing, while tariffs on non-highly sensitive drone components will take effect 180 days after the signing. -
U.S. Stock Market: Memory Chip Stocks Rise Before Opening, Micron and Western Digital Up Nearly 2%
On August 14, continuing yesterday's upward trend, memory chip stocks in the U.S. market collectively rose before the opening. Among them, SanDisk surged over 4%, while Micron Technology, Western Digital, and Seagate Technology increased by more than 1%. Winbond Technology, SK Hynix, and Rambus saw gains of less than 1%. -
SanDisk Stock Rises Over 5% in Pre-Market Trading
On August 14, SanDisk's stock rose over 5% in pre-market trading. Royal Bank of Canada raised its target price for SanDisk from $1300 to $1600. -
Reddit Rises 11.8% Pre-Market After Being Added to S&P 500 Index
On August 14, Reddit (RDDT.US) saw a pre-market increase of 11.8%, reaching $176.8. This surge follows the announcement by S&P Dow Jones Indices that Reddit will be added to the S&P 500 Index next week through a non-routine adjustment. Reddit's previously released financial report indicated that it has achieved over 60% revenue growth for the eighth consecutive quarter, with second-quarter revenue increasing by 61% year-over-year to $805 million, and net profit attributable to shareholders rising by 183% year-over-year to $253 million, showcasing strong overall financial performance.
Daily Must-Read
-
KeyFlow: Connecting UniKey, AI Agents, and the KEY Value System, Turning Intelligent Services from “Being Called” into “Sustainable Flow”
-
The AI Universe Gateway Is About to Open: KeyFlow Official DApp to Launch Global Public Beta and Genesis Registration on July 29
-
The Invisible Bill: Unpacking the Token Amplification Effect
-
ENI Takes the Stage at WebX Japan and Builds a Bridge from Traditional Capital to the Future Economy
-
GWDC 2026 KOREA: The New Asian Paradigm of Web3 & AI Sets to Debut in Seoul on Sept 29-30, Inviting Global Builders to the Ultimate Developer Summit
-
From User Journey to Consumption Loop: Understanding UniKey’s Product Logic and the Three Core Use Cases of KEY
All Comments