Feedback from the bill market and grassroots bank outlets indicates that since November, crediting has shown continuous recovery driven by mortgage and some small and medium-sized enterprise demand. On December 3, a crediting professional from a major bank branch in Shenzhen told the Finance Association that there has been a certain increase in mortgage crediting in November, with a rise in mortgage numbers compared to the third quarter as new properties were launched and transactions of second-hand houses increased. On December 4, a representative from the corporate business department of Minsheng Bank's South China branch told the Finance Association that the overall demand for corporate crediting in November is still in a recovery stage, with improvements in the businesses of technology-oriented small and medium-sized enterprises as the year-end approaches. Data from the bill market shows that by the end of November, there were no occurrences of banks rushing for business to seize bills as seen at the end of October, preventing the extreme phenomenon of zero interest rates. (Finance Association)