As of 08:45 on May 8, China’s interbank market sentiment index (CNEX) stood at 49, up 2 points from 16:00 yesterday, according to Golden Ten Futures. Major banks, mid-sized banks, and non-bank institutions reported sentiment indices of 47, 50, and 49 respectively, each rising 2 points. The index ranges from 0 to 100, with 50 indicating equilibrium and readings above 50 reflecting tighter liquidity conditions.
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