CHINA SETS 1-YEAR LOAN PRIME RATE AT 3.00% VS 3.00% A MONTH EARLIER CHINA SETS 5-YEAR LOAN PRIME RATE AT 3.50% VS 3.50% A MONTH EARLIER

A股化纖概念震盪反彈，新鄉化纖盤中觸及漲停，蘇州龍傑此前漲停，華鼎股份、藍豐生化、吉林化纖、榮盛石化、恆逸石化、華峯化學等跟漲。

China left benchmark lending rates unchanged for an 11th month as policymakers assess Middle East war risks against resilient domestic growth and easing deflation. The People’s Bank of China kept the one-year LPR at 3.0% and five-year at 3.5%. Q1 GDP grew 5%, up from 4.5%, near the top of the annual 4.5%–5% target. Factory-gate prices rose 0.5% in March, while CPI peaked at 1.3% in February before easing to 1%. Strong growth and rising inflation reduce pressure for stimulus, supporting a wait-and-see stance.