NBS data: Jan–Jul funds to property developers totaled CNY 4.575 trln, down
20.3% YoY. Breakdown: domestic loans CNY 630 bln (-32.1% YoY); self‑raised funds
CNY 1.654 trln (-18.5%); deposits and advance receipts CNY 1.438 trln (-14.4%);
individual mortgage loans CNY 604 bln (-23.5%).