Wang Qing, chief economist at Oriental Gold Trust: LPR remains unchanged, loan rates for enterprises and residents remain low.
Chief macro analyst Wang Qing of Orient Securities stated that after the central bank implemented a policy rate cut in May, the two LPRs for that month were also lowered simultaneously. The current loan interest rates are being transmitted accordingly. In June, the policy rates remained unchanged, and there have been no significant changes in the factors affecting LPR quotations, hence the decision to keep LPR rates unchanged is in line with market expectations.
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