Morgan Stanley-China Financials Further moderation in TSF growth good for ...-110333941
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- 《Morgan Stanley-China Financials Further moderation in TSF growth good for ...-110333941.pdf》
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- 战略规划行业研究员
- 📊 核心数据
- Headline TSF moderated to ~8% yoy in August, with more
- TSF growth moderated towards 8% YoY with further moderation expected –
- good for long-term financial stability: Headline TSF rose 8.1% YoY in August, and
- We continue to expect TSF growth to end up at ~8% for 2024, potentially falling
- below 8%. We believe earlier-than-expected rationalization would be better for the
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