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Chinese shares closed mixed Friday with the benchmark Shanghai Composite Index up 7.89 points, or 0.26 percent, to 3,050.53.
Chinese banks will face a tougher task of liquidity management, as the high loan-to-deposit ratios of many commercial banks have prompted the banking regulator to consider further tightening measures, analysts said.
The People's Bank of China (PBOC), the central bank, took 83 billion yuan ($12.7 billion) of liquidity out of the money market this week through its open market operations as it steps up efforts to tighten excess liquidity amid concerns about rising inflation
China's central bank, the People's Bank of China (PBOC), said on Thursday that it set this year's social financing at around 14 trillion yuan ($2.14 trillion).
China's foreign exchange reserves hit $3.04 trillion by the end of March, an increase of 24.4 percent year on year, China's central bank said on Thursday.
The People's Bank of China (PBOC), the country's central bank, said Thursday that new yuan-denominated loans stood at 2.24 trillion yuan ($342.83 billion) in the first quarter of 2011.
Chinese shares closed lower Thursday with the benchmark Shanghai Composite Index down 7.76 points, or 0.25 percent, to 3,042.64.
Some bank outlets in Shanghai have suspended mortgage loans to home buyers, the China Securities Journal reported Thursday.
HSBC Insurance will continue to drive its growth in China through bank insurance, the insurance arm of HSBC Holdings Plc said on Wednesday.
China's central bank will publicize the financing indicator for the whole society at 3:00 pm April 14.
China Investment Corp, the country's sovereign wealth fund, on Thursday denied reports that it was studying a $9 billion investment in Spanish banks.
Chinese President Hu Jintao called for the reform of international monetary and financial systems on Thursday, saying that the say and representation of emerging markets and developing countries should be increased.
