The industry expects that the broad credit tone of the month-on-month rebound in new credit in May is expected to be maintained until the end of the year.

[the industry expects that the broad credit tone of the month-on-month rebound in new credit in May is expected to be maintained until the end of the year] FAP, May 30, after a higher-than-expected increase in financial data in the first quarter, there was a marked decline in April. As for May, which is coming to an end, experts interviewed by reporters generally expect that new credit will pick up month-on-month, but lower than the same period last year. Earlier data released by the central bank showed that renminbi loans increased by 718.8 billion yuan in April and 1.89 trillion yuan in May 2022. Wang Qing, chief macro analyst at Oriental Jincheng, said that new credit is expected to reach about 1.2 trillion yuan in May, a seasonal rebound from the previous month, but about 700 billion yuan less than the same period last year. On the one hand, after concentrated on the front in the first quarter of this year, the second quarter turned into a rhythmic pullback period, which was reflected in the credit data in April. On the other hand, the obviously high credit base in May last year will also lead to a small increase in new credit in May compared with the same period last year. "whether the economy can continue to pick up quickly next depends on whether the confidence of residents' consumption and private investment can be repaired quickly. This depends on various factors such as the development of the real estate industry, and financial credit is only one of them. " Wang Qing judged that the pace of credit release in the later period will be reasonably adjusted according to the situation of economic operation, and the broad credit tone this year is expected to be maintained until the end of the year. (Securities Daily)