China's Yuan Funding Sentiment Index Hits 58 on July 29, Up 7 Points Overnight

According to Jin10 Futures, as of 08:45 on July 29, the CFETS-NEX people's yuan funding sentiment index reported 58 points, up 7 points from 16:00 on July 28. The index readings by institution type were: large banks 58 (up 8 points), mid-size banks 60 (up 7 points), and non-bank institutions 56 (up 6 points). An index level above 50 signals tight funding conditions, with 50 marking equilibrium.
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