Key Takeaways Rmb loan growth has moderated further with reduced bill financing in September, suggesting less window guidance at quarter-end: While long-term household loan growth picked up modestly, suggesting some recovery in mortgage loan demand, still weak demand, tighter risk standards at banks, and reduced policy push for inclusive SME loans led to weaker short-term retail loan growth. Corporate loans remained the key driver of loan growth, but with continued rationalization of industrial capex growth ...