Chinese regulators probe burst in loan growth

中国部分媒体周四报导，中国监管机构正在对中国的一些大银行进行调查，以了解在近期贷款的大幅上升中，是否存在用于炒股的非法放贷。中国第一季度的贷款快速增长，同期国内股市也大幅上扬，这令人猜测一些信贷资金可能流入了股市。上证综合指数是2009年至今全球表现最好的指数之一，已累计上涨了近40%。香港《英文虎报》(the Standard)周四援引内地媒体的消息报导，内地监管机构正在调查五家中国的银行──中国工商银行(Industrial & Commercial Bank of China)中国银行(Bank of China)交通银行(Bank of Communications)中国建设银行(China Construction Bank)和中国农业银行(Agricultural Bank of China)──以评估最近向哪些行业发放了贷款，以及贷款活动是否合法。京华山一国际(Core Pacific-Yamaich International)分析师Yuk Kei Lee说，我认为由于第一季度的贷款增势非常迅猛，监管机构需要加以控制，从第二季度开始，贷款增速就会略有放缓。他还说，这种监管调查在中国并不罕见。最近的数据显示，中国的银行在今年前三个月新发放贷款4.58万亿元（6,700亿美元），是政府今年全年5万亿元贷款目标的90%以上。另外，中国银监会副主席蒋定之向国营《上海证券报》表示，一直在关注贷款额的飙升，监管机构准备做出必要的提示。不过，《英文虎报》也报导，目前还没有迹象显示信贷资金流入了股市。Varahabhotla Phani Kumar(本文译自Market Watch。)相关阅读大举放贷为中国银行业埋下隐患 2009-03-26欧洲央行在提振经济措施上出现分歧 2009-04-16美国受助银行发放贷款减少 2009-04-16给全球危机下的各国经济打分 2009-04-16


HONG KONG (MarketWatch) -- Chinese regulators are investigating some of the nation's largest banks to see whether the recent boom in lending has included illegal loans for stock speculation, according to reports from the region Thursday.China's rapid growth in loans during the first-quarter has coincided with hefty gains for the local stock markets, leading to speculation that some of those loans might be finding their way into the stock market. The Shanghai Composite is one of the best performing indexes in the world so far in 2009, with gains of nearly 40% under its belt.Citing Chinese media, Hong Kong's Standard daily reported Thursday that mainland regulators were investigating the five Chinese banks -- Industrial & Commercial Bank of China, Bank of China , Bank of Communications, China Construction Bank and Agricultural Bank of China -- to assess which sectors were lent money recently, and whether the lending was legal.'I think because loan growth for the first quarter is very strong, the regulators need to check it, and starting from second quarter, loan growth will slow down a bit,' said Yuk Kei Lee, analyst at Core Pacific-Yamaichi International, adding that such regulatory probes were common in China.Chinese banks made new loans of 4.58 trillion yuan ($670 billion) in the first three months of the year, more than 90% of a government target of 5 trillion yuan for the entire year, recent data showed.Separately, China Banking Commission Regulatory Commission Vice Chairman Jiang Dingzhi told the state-run Shanghai Securities Journal there were concerns about the surge in lending and that the regulator was ready to issue warnings.Still, there were no signs yet that the loan money had flowed into stocks, the Standard report added.Varahabhotla Phani Kumar is a reporter in MarketWatch's Hong Kong bureau.-0-Copyright (c) 2009 Dow Jones & Company, Inc.