May New credit "hyper-expectations" or up to 660 billion holiday effects obvious?

Every reporter Li Shu yu intern Zeng Chunfa from Beijing into the second week of June, many important macro data will be announced, and the May new credit, has become the market focus. "The new loan for May is more than 660 billion," a market person said yesterday in an interview with the Daily economic news reporter.　　If this data is not a big deviation, May's new credit scale is significantly higher than market expectations.　　The festival effect is obvious?　　Yesterday, media reports said that the May financial institutions to break new loans 600 billion yuan, SME loans have become the focus of commercial banks focused on the object.　　Earlier, a number of banking industry and experts in the interview with this reporter said that the May credit scale is basically the same as in April, the new loan is expected to be about 500 billion yuan. "April new loans are 591.8 billion yuan, May new loans in April based on more than tens of billions of, which is a normal situation." "Haitong Securities banking analyst Zhang Minhua in the interview, said that May because there is the Dragon Boat Festival This small holiday, the bank may have been in the section before the loan out, and because the holiday has a precipitation effect, many enterprises will be in the holiday after the loan to take away-so,　　There will be a surge in bank lending in the last few days.　　Compete for small and medium-sized enterprises?　　A big state-run Personage told the Daily economic news yesterday that banks are now at a white-hot stage in their competition for big projects and more focused on SMEs. "The economic situation in the surrounding markets has improved, and the upcoming macro-data will help the market to make judgments about the future."　　"The bank has not seen a signal of a shift in credit at the policy level, so the May credit growth rate was not surprising," the country's big-line sources said. Zhang Minhua that the bank's two-quarter credit growth has maintained a steady trend of growth in May, the new loans in fact compared with April, the first quarter of the major infrastructure projects in the main loans, the two-quarter loans for such projects are correspondingly reduced.　　In addition, in May new loans, the share of bill financing will remain in April or slightly lower. The structure change of Commercial Bank's credit investment is also concerned by the market. Recently, Kaisheng, president of ICBC, said in Beijing that in the 1 ~ May, the entire loan issued by ICBC, 61% to small and medium-sized enterprises, making SME loans in ICBC accounted for the ratio from the end of last year's 47.16%, raised to 49%.　　Kaisheng pointed out that ICBC is committed to improving the level of financial services to SMEs, including financing services. In this regard, Zhang Minhua said that SMEs have always been one of the bank's most important customers, first-quarter loan priority protection projects, the future of SME loans may be increasing. In addition, banks are not excluded from competing for SMEs because, as spreads are narrowing, SME lending is one of the major sources of bank profits.