China's Yuan Funding Sentiment Index Falls to 47 on July 20, Down 3 Points Since Midday

According to CFETS-NEX data reported by Jin10 Futures, China's yuan funding sentiment index fell to 47 as of 4 p.m. on July 20, down 3 points from 2:30 p.m. The index measures funding stress on a 0–100 scale, with 50 as neutral; readings above 50 indicate tightening liquidity. By institution type, large banks reported 46 (down 3 points), mid-sized banks 49 (down 2 points), and non-bank institutions 46 (down 3 points).
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