On October 18, the People's Bank of China, in conjunction with the General Financial Supervisory Authority and the China Securities Regulatory Commission, issued the “Notice on Matters Relating to Establishing Stock Repurchase and Increase Refinancing” to establish stock repurchases to increase holdings and reloans. “After the notice is issued, banks will 'rob' customers.” A stock company insider told the reporter that this is due to the limited amount of special reloan amounts for stock repurchases and increases holdings, and the number of customers is also limited, so banks are more anxious than enterprises. The reporter learned that a number of banks are actively preparing, including formulating relevant business rules, mapping out customer needs, and reserving customers. Take a stock bank's document on the marketing work of a stock repurchase loan business obtained by the reporter as an example. The bank requested that each branch should actively market and sort out the listed companies and major shareholders under its jurisdiction to seize business opportunities. Many analysts believe that stock repurchases and special reloans to increase holdings are not only beneficial to maintaining the internal stability of the capital market, but also help banks expand effective credit investment.

Zhitongcaijing · 10/18 23:25
On October 18, the People's Bank of China, in conjunction with the General Financial Supervisory Authority and the China Securities Regulatory Commission, issued the “Notice on Matters Relating to Establishing Stock Repurchase and Increase Refinancing” to establish stock repurchases to increase holdings and reloans. “After the notice is issued, banks will 'rob' customers.” A stock company insider told the reporter that this is due to the limited amount of special reloan amounts for stock repurchases and increases holdings, and the number of customers is also limited, so banks are more anxious than enterprises. The reporter learned that a number of banks are actively preparing, including formulating relevant business rules, mapping out customer needs, and reserving customers. Take a stock bank's document on the marketing work of a stock repurchase loan business obtained by the reporter as an example. The bank requested that each branch should actively market and sort out the listed companies and major shareholders under its jurisdiction to seize business opportunities. Many analysts believe that stock repurchases and special reloans to increase holdings are not only beneficial to maintaining the internal stability of the capital market, but also help banks expand effective credit investment.