AI Data Insight
Latest data shows that in Q3 2026, the YoY growth rate of Chinese financial institutions' deposits fell to 7.7%, further slowing down from the previously observed 8.1%. Under the influence of deposit interest rate cuts and sluggish credit demand, the "relocation" phenomenon of funds shifting to non-bank institutions is significant. The market expects the central bank to step up easing efforts to boost the economy and will closely monitor the subsequent policy effects.