The Zhitong Finance App learned that in order to implement the decisions and arrangements of the Third Plenary Session of the 20th CPC Central Committee on “establishing a long-term mechanism to enhance the internal stability of the capital market”, further maintain the stable operation of the capital market, boost market confidence, and consolidate and enhance the positive trend of economic recovery, on October 18, the People's Bank of China, in conjunction with the General Administration of Financial Supervision and the China Securities Regulatory Commission, issued a “Notice on Matters Relating to Establishing Stock Repurchase and Increase Refinancing” to encourage and guide financial institutions to provide loans to eligible listed companies and major listed companies to support their repurchases and shareholder increases stocks. The initial reloan amount is 300 billion yuan, the annual interest rate is 1.75%, and the term is 1 year, which can be extended according to circumstances.

The Zhitong Finance App learned that in order to implement the decisions and arrangements of the Third Plenary Session of the 20th CPC Central Committee on “establishing a long-term mechanism to enhance the internal stability of the capital market”, further maintain the stable operation of the capital market, boost market confidence, and consolidate and enhance the positive trend of economic recovery, on October 18, the People's Bank of China, in conjunction with the General Administration of Financial Supervision and the China Securities Regulatory Commission, issued a “Notice on Matters Relating to Establishing Stock Repurchase and Increase Refinancing” to encourage and guide financial institutions to provide loans to eligible listed companies and major listed companies to support their repurchases and shareholder increases stocks. The initial reloan amount is 300 billion yuan, the annual interest rate is 1.75%, and the term is 1 year, which can be extended according to circumstances.