债券研究:政府融资支持力度减弱,8月社融增速回落
Daily Spotlight 15 September 2025 Michael MENG (852) 3988 6433 michael.meng@bocigroup.com Index Performance * US data as of 12 Sep 2025 Key Macro and Earnings Releases | | Con | Last | | --- | --- | --- | | | sensus | actual | | US Empire State Manufacturing | 15/9 4.9 | 11.9 | | US Import Price Index Chg % | 16/9 (0.2) | 0.4 | | US Import Price Index YoY % | 16/9 0.0 | (0.2) | | US capacity utilization % of total | 16/9 77.4 | 77.5 | | US Industrial Production MoM % | 16/9 (0.1) | (0.1) | | US Industrial P ...