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China's c.bank tells major banks to increase loan quota for August - sources

Reuters2021-08-31

SHANGHAI/BEIJING, Aug 31 (Reuters) - Some major Chinese banks stepped up lending toward the end of August and reduced a backlog in property loans after being advised by the central bank to increase loan quotas for the month, two sources told Reuters on Tuesday.

The guidance from the People’s Bank of China (PBOC) comes after China’s new loans in July grew at the slowest pace since last October, and as the country’s economy faces increasing pressure.

PBOC Governor Yi Gang told a meeting with banks last week that it would boost liquidity to the real economy and enhance the stability of credit growth.

“We’ve ramped up lending over the past few days, a small part of which is property loans in the backlog,” said one of the people. “The lending (in August) is still weak.”

The other person said they have also accelerated payment of loans approved earlier to property developers and home buyers.

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Comment（5）

BruceInvests
·2021-08-31
Pls like ??
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- flyingfish28:
  Ok
  2021-08-31
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- BruceInvests:
  ??
  2021-08-31
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Hodl
·2021-08-31

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CharlesKing
·2021-08-31
Like and comment plz???
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- jacksoncheng:
  yeah
  2021-08-31
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siewbee
·2021-08-31
Like pls
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- vbjvvbb:
  Ok
  2021-08-31
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knightyau
·2021-08-31
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- Nicholeswong:
  ok
  2021-08-31
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Some major Chinese banks stepped up lending toward the end of August and reduced a backlog in property loans after being advised by the central bank to increase loan quotas for the month, two sources told Reuters on Tuesday.\nThe guidance from the People’s Bank of China (PBOC) comes after China’s new loans in July grew at the slowest pace since last October, and as the country’s economy faces increasing pressure.\nPBOC Governor Yi Gang told a meeting with banks last week that it would boost liquidity to the real economy and enhance the stability of credit growth.\n“We’ve ramped up lending over the past few days, a small part of which is property loans in the backlog,” said one of the people. “The lending (in August) is still weak.”\nThe other person said they have also accelerated payment of loans approved earlier to property developers and home buyers.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5705298,"gmtCreate":1630407032431,"gmtModify":1663233168636,"authorId":3559187437759047,"author":{"id":3559187437759047,"idStr":"3559187437759047","authorId":3559187437759047,"name":"flyingfish28","avatar":"https://static.tigerbbs.com/75507aa8ddf5c1cc85f50faf9c40aa31","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":818649067,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":5705259,"gmtCreate":1630406768090,"gmtModify":1663233167439,"authorId":3561411454660142,"author":{"id":3561411454660142,"idStr":"3561411454660142","authorId":3561411454660142,"name":"BruceInvests","avatar":"https://static.tigerbbs.com/10405fa513601c345286a388991d53d8","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":818649067,"type":1,"supId":0,"prevId":0,"content":"??","text":"??","html":"??"}],"langContent":"EN"},{"id":818655736,"gmtCreate":1630406356025,"gmtModify":1676530294193,"author":{"id":"3579666066637422","authorId":"3579666066637422","name":"Hodl","avatar":"https://static.tigerbbs.com/d591a82f579d3114da9795812a4217a0","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3579666066637422","authorIdStr":"3579666066637422"},"htmlText":"[Surprised]&nbsp;","listText":"[Surprised]&nbsp;","text":"[Surprised]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/818655736","repostId":1153693052,"repostType":4,"repost":{"id":"1153693052","kind":"news","pubTimestamp":1630401166,"share":"https://ttm.financial/m/news/1153693052?lang=&edition=full_marsco","pubTime":"2021-08-31 17:12","market":"sh","language":"en","title":"China's c.bank tells major banks to increase loan quota for August - 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sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-31 17:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/china-pboc-banks/chinas-c-bank-tells-major-banks-to-increase-loan-quota-for-august-sources-idUSP8N2OK01Y><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SHANGHAI/BEIJING, Aug 31 (Reuters) - Some major Chinese banks stepped up lending toward the end of August and reduced a backlog in property loans after being advised by the central bank to increase ...</p>\n\n<a href=\"https://www.reuters.com/article/china-pboc-banks/chinas-c-bank-tells-major-banks-to-increase-loan-quota-for-august-sources-idUSP8N2OK01Y\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.reuters.com/article/china-pboc-banks/chinas-c-bank-tells-major-banks-to-increase-loan-quota-for-august-sources-idUSP8N2OK01Y","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153693052","content_text":"SHANGHAI/BEIJING, Aug 31 (Reuters) - Some major Chinese banks stepped up lending toward the end of August and reduced a backlog in property loans after being advised by the central bank to increase loan quotas for the month, two sources told Reuters on Tuesday.\nThe guidance from the People’s Bank of China (PBOC) comes after China’s new loans in July grew at the slowest pace since last October, and as the country’s economy faces increasing pressure.\nPBOC Governor Yi Gang told a meeting with banks last week that it would boost liquidity to the real economy and enhance the stability of credit growth.\n“We’ve ramped up lending over the past few days, a small part of which is property loans in the backlog,” said one of the people. “The lending (in August) is still weak.”\nThe other person said they have also accelerated payment of loans approved earlier to property developers and home buyers.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":818681714,"gmtCreate":1630402789338,"gmtModify":1676530293321,"author":{"id":"3579391265651951","authorId":"3579391265651951","name":"CharlesKing","avatar":"https://static.tigerbbs.com/d8fbdcf3295ba7f84c1f2205610ea968","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3579391265651951","authorIdStr":"3579391265651951"},"htmlText":"Like and comment plz???","listText":"Like and comment plz???","text":"Like and comment plz???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/818681714","repostId":1153693052,"repostType":4,"repost":{"id":"1153693052","kind":"news","pubTimestamp":1630401166,"share":"https://ttm.financial/m/news/1153693052?lang=&edition=full_marsco","pubTime":"2021-08-31 17:12","market":"sh","language":"en","title":"China's c.bank tells major banks to increase loan quota for August - sources","url":"https://stock-news.laohu8.com/highlight/detail?id=1153693052","media":"Reuters","summary":"SHANGHAI/BEIJING, Aug 31 (Reuters) - Some major Chinese banks stepped up lending toward the end of A","content":"<p>SHANGHAI/BEIJING, Aug 31 (Reuters) - Some major Chinese banks stepped up lending toward the end of August and reduced a backlog in property loans after being advised by the central bank to increase loan quotas for the month, two sources told Reuters on Tuesday.</p>\n<p>The guidance from the People’s Bank of China (PBOC) comes after China’s new loans in July grew at the slowest pace since last October, and as the country’s economy faces increasing pressure.</p>\n<p>PBOC Governor Yi Gang told a meeting with banks last week that it would boost liquidity to the real economy and enhance the stability of credit growth.</p>\n<p>“We’ve ramped up lending over the past few days, a small part of which is property loans in the backlog,” said one of the people. “The lending (in August) is still weak.”</p>\n<p>The other person said they have also accelerated payment of loans approved earlier to property developers and home buyers.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's c.bank tells major banks to increase loan quota for August - 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sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-31 17:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/china-pboc-banks/chinas-c-bank-tells-major-banks-to-increase-loan-quota-for-august-sources-idUSP8N2OK01Y><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SHANGHAI/BEIJING, Aug 31 (Reuters) - Some major Chinese banks stepped up lending toward the end of August and reduced a backlog in property loans after being advised by the central bank to increase ...</p>\n\n<a href=\"https://www.reuters.com/article/china-pboc-banks/chinas-c-bank-tells-major-banks-to-increase-loan-quota-for-august-sources-idUSP8N2OK01Y\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.reuters.com/article/china-pboc-banks/chinas-c-bank-tells-major-banks-to-increase-loan-quota-for-august-sources-idUSP8N2OK01Y","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153693052","content_text":"SHANGHAI/BEIJING, Aug 31 (Reuters) - Some major Chinese banks stepped up lending toward the end of August and reduced a backlog in property loans after being advised by the central bank to increase loan quotas for the month, two sources told Reuters on Tuesday.\nThe guidance from the People’s Bank of China (PBOC) comes after China’s new loans in July grew at the slowest pace since last October, and as the country’s economy faces increasing pressure.\nPBOC Governor Yi Gang told a meeting with banks last week that it would boost liquidity to the real economy and enhance the stability of credit growth.\n“We’ve ramped up lending over the past few days, a small part of which is property loans in the backlog,” said one of the people. “The lending (in August) is still weak.”\nThe other person said they have also accelerated payment of loans approved earlier to property developers and home buyers.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5705182,"gmtCreate":1630405836643,"gmtModify":1663233171239,"authorId":3585043179154199,"author":{"id":3585043179154199,"idStr":"3585043179154199","authorId":3585043179154199,"name":"jacksoncheng","avatar":"https://static.tigerbbs.com/15cea2a12fcc802fa3161c7165a892de","vip":1,"currentWearingBadge":{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.10.28","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1102},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":818681714,"type":1,"supId":0,"prevId":0,"content":"yeah","text":"yeah","html":"yeah"}],"langContent":"EN"},{"id":818632390,"gmtCreate":1630401412110,"gmtModify":1676530292743,"author":{"id":"3572672230120758","authorId":"3572672230120758","name":"siewbee","avatar":"https://static.tigerbbs.com/aecff165cb101c9c535379b2947e2cbe","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3572672230120758","authorIdStr":"3572672230120758"},"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/818632390","repostId":1153693052,"repostType":4,"repost":{"id":"1153693052","kind":"news","pubTimestamp":1630401166,"share":"https://ttm.financial/m/news/1153693052?lang=&edition=full_marsco","pubTime":"2021-08-31 17:12","market":"sh","language":"en","title":"China's c.bank tells major banks to increase loan quota for August - sources","url":"https://stock-news.laohu8.com/highlight/detail?id=1153693052","media":"Reuters","summary":"SHANGHAI/BEIJING, Aug 31 (Reuters) - Some major Chinese banks stepped up lending toward the end of A","content":"<p>SHANGHAI/BEIJING, Aug 31 (Reuters) - Some major Chinese banks stepped up lending toward the end of August and reduced a backlog in property loans after being advised by the central bank to increase loan quotas for the month, two sources told Reuters on Tuesday.</p>\n<p>The guidance from the People’s Bank of China (PBOC) comes after China’s new loans in July grew at the slowest pace since last October, and as the country’s economy faces increasing pressure.</p>\n<p>PBOC Governor Yi Gang told a meeting with banks last week that it would boost liquidity to the real economy and enhance the stability of credit growth.</p>\n<p>“We’ve ramped up lending over the past few days, a small part of which is property loans in the backlog,” said one of the people. “The lending (in August) is still weak.”</p>\n<p>The other person said they have also accelerated payment of loans approved earlier to property developers and home buyers.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's c.bank tells major banks to increase loan quota for August - 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sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-31 17:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/china-pboc-banks/chinas-c-bank-tells-major-banks-to-increase-loan-quota-for-august-sources-idUSP8N2OK01Y><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SHANGHAI/BEIJING, Aug 31 (Reuters) - Some major Chinese banks stepped up lending toward the end of August and reduced a backlog in property loans after being advised by the central bank to increase ...</p>\n\n<a href=\"https://www.reuters.com/article/china-pboc-banks/chinas-c-bank-tells-major-banks-to-increase-loan-quota-for-august-sources-idUSP8N2OK01Y\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.reuters.com/article/china-pboc-banks/chinas-c-bank-tells-major-banks-to-increase-loan-quota-for-august-sources-idUSP8N2OK01Y","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153693052","content_text":"SHANGHAI/BEIJING, Aug 31 (Reuters) - Some major Chinese banks stepped up lending toward the end of August and reduced a backlog in property loans after being advised by the central bank to increase loan quotas for the month, two sources told Reuters on Tuesday.\nThe guidance from the People’s Bank of China (PBOC) comes after China’s new loans in July grew at the slowest pace since last October, and as the country’s economy faces increasing pressure.\nPBOC Governor Yi Gang told a meeting with banks last week that it would boost liquidity to the real economy and enhance the stability of credit growth.\n“We’ve ramped up lending over the past few days, a small part of which is property loans in the backlog,” said one of the people. “The lending (in August) is still weak.”\nThe other person said they have also accelerated payment of loans approved earlier to property developers and home buyers.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5704794,"gmtCreate":1630401724553,"gmtModify":1663233165640,"authorId":3554803619527377,"author":{"id":3554803619527377,"idStr":"3554803619527377","authorId":3554803619527377,"name":"vbjvvbb","avatar":"https://static.tigerbbs.com/8fb1b38f4354ec237a7cab99dbd46e94","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":818632390,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":818636567,"gmtCreate":1630401369559,"gmtModify":1676530292720,"author":{"id":"3583545419878269","authorId":"3583545419878269","name":"knightyau","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3583545419878269","authorIdStr":"3583545419878269"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/818636567","repostId":1153693052,"repostType":4,"repost":{"id":"1153693052","kind":"news","pubTimestamp":1630401166,"share":"https://ttm.financial/m/news/1153693052?lang=&edition=full_marsco","pubTime":"2021-08-31 17:12","market":"sh","language":"en","title":"China's c.bank tells major banks to increase loan quota for August - sources","url":"https://stock-news.laohu8.com/highlight/detail?id=1153693052","media":"Reuters","summary":"SHANGHAI/BEIJING, Aug 31 (Reuters) - Some major Chinese banks stepped up lending toward the end of A","content":"<p>SHANGHAI/BEIJING, Aug 31 (Reuters) - Some major Chinese banks stepped up lending toward the end of August and reduced a backlog in property loans after being advised by the central bank to increase loan quotas for the month, two sources told Reuters on Tuesday.</p>\n<p>The guidance from the People’s Bank of China (PBOC) comes after China’s new loans in July grew at the slowest pace since last October, and as the country’s economy faces increasing pressure.</p>\n<p>PBOC Governor Yi Gang told a meeting with banks last week that it would boost liquidity to the real economy and enhance the stability of credit growth.</p>\n<p>“We’ve ramped up lending over the past few days, a small part of which is property loans in the backlog,” said one of the people. “The lending (in August) is still weak.”</p>\n<p>The other person said they have also accelerated payment of loans approved earlier to property developers and home buyers.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's c.bank tells major banks to increase loan quota for August - 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sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-31 17:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/china-pboc-banks/chinas-c-bank-tells-major-banks-to-increase-loan-quota-for-august-sources-idUSP8N2OK01Y><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SHANGHAI/BEIJING, Aug 31 (Reuters) - Some major Chinese banks stepped up lending toward the end of August and reduced a backlog in property loans after being advised by the central bank to increase ...</p>\n\n<a href=\"https://www.reuters.com/article/china-pboc-banks/chinas-c-bank-tells-major-banks-to-increase-loan-quota-for-august-sources-idUSP8N2OK01Y\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.reuters.com/article/china-pboc-banks/chinas-c-bank-tells-major-banks-to-increase-loan-quota-for-august-sources-idUSP8N2OK01Y","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153693052","content_text":"SHANGHAI/BEIJING, Aug 31 (Reuters) - Some major Chinese banks stepped up lending toward the end of August and reduced a backlog in property loans after being advised by the central bank to increase loan quotas for the month, two sources told Reuters on Tuesday.\nThe guidance from the People’s Bank of China (PBOC) comes after China’s new loans in July grew at the slowest pace since last October, and as the country’s economy faces increasing pressure.\nPBOC Governor Yi Gang told a meeting with banks last week that it would boost liquidity to the real economy and enhance the stability of credit growth.\n“We’ve ramped up lending over the past few days, a small part of which is property loans in the backlog,” said one of the people. “The lending (in August) is still weak.”\nThe other person said they have also accelerated payment of loans approved earlier to property developers and home buyers.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5704856,"gmtCreate":1630402546148,"gmtModify":1663233166030,"authorId":3581820880472622,"author":{"id":3581820880472622,"idStr":"3581820880472622","authorId":3581820880472622,"name":"Nicholeswong","avatar":"https://static.tigerbbs.com/7e402f2a08b476a2344a27957dfc582d","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":818636567,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":52,"commentSize":5,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}