[China's Social Financing Increased by 17.48 Trillion Yuan from January to May, Exceeding Expectations] Golden Finance reported on June 12 that the People's Bank of China announced: Preliminary statistics show that the cumulative increase in social financing scale for the first five months of 2026 was 17.48 trillion yuan, 1.16 trillion yuan less than the same period last year. The expectation was 17.15 trillion yuan, with the previous value at 15.45 trillion yuan. Among them, RMB loans issued to the real economy increased by 9 trillion yuan, 1.38 trillion yuan less year-on-year; foreign currency loans issued to the real economy, converted to RMB, increased by 115.3 billion yuan, 211.6 billion yuan more year-on-year; entrusted loans decreased by 103.1 billion yuan, 91.8 billion yuan more year-on-year; trust loans increased by 5.7 billion yuan, 57 billion yuan less year-on-year; undiscounted bank acceptance bills decreased by 17.2 billion yuan, 151.4 billion yuan more year-on-year; net corporate bond financing was 1.67 trillion yuan, 757.7 billion yuan more year-on-year; net government bond financing was 5.67 trillion yuan, 634 billion yuan less year-on-year; and domestic stock financing by non-financial enterprises was 230.5 billion yuan, 79.9 billion yuan more year-on-year.