According to Golden Ten Futures, China’s CFETS-NEX funding sentiment index fell to 45 as of 10:15 on May 11, down 3 points from 08:45. The sub-indices for large banks, mid-sized banks, and non-bank institutions stood at 43, 46, and 45 respectively, each declining 3 points. The index ranges from 0 to 100, with 50 representing equilibrium and readings above 50 indicating tightening liquidity conditions.
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