穆迪：2018Q4中国影子银行报告-2019.3-62页

QuarterlyChinaShadowBankingMonitorMARCH,2019每日免费阅读行业报告1、每日星球内分享10+精品报告；2、不定时分享国际投行报告，脱水研报等；3、行业报告均为公开内容，版权归原作者所有，星球仅分享内部学习。扫描右侧二维码即刻加入【行业报告（免费）】星球（此页只为更多需要行业报告的朋友提供便利，希望不会影响您的阅读，谢谢理解！）QuarterlyChinaShadowBankingMonitor,March20192QuarterlyChinaShadowBankingMonitor1.KeyMessages2.CreditConditions(a)LiquidityConditions(b)FinancingConditionsforCorporates3.CompositionandTrendsofShadowBanking(a)WealthManagementProducts(b)TrustSector4.InterconnectednessandSpilloverRiskstoBanks5.TheGrowthofE-finance6.RegulatoryUpdates&MarketEvents7.Appendix:Glossary,NotesonEstimates&DataSources1KeyMessagesQuarterlyChinaShadowBankingMonitor,March20194KeyMessages?TheshadowbankingsectorshrankbyRMB4.3trillionin2018toendtheyearatRMB61.3trillion,itssmallestsincetheendof2016orjustbeforetheregulatorycrackdownonthesectorbegan.Thecontractionin2018wasc