We expect one-year SHIBOR, which has increased by only 2 bps ahead of the news, to increase by an additional 20-40 bps in the coming weeks as part of the market rate normalization process.

• 在此消息公布前，一年期SHIBOR（上海银行间同业拆放利率）仅上升了2个基点，我们预期在未来几周内，随着市场利率正常化进程的推进，SHIBOR将继续上升20-40个基点。