[A number of brokerages won the bid for the third swap facility, and tens of billions of funds will be used to increase their holdings of stocks and stock ETFs] On November 3, on the day when the 100 billion yuan swap facility quota was launched, brokerages took the lead in showing their respective "claim orders." On November 3, the central bank launched the third securities, funds, and insurance company swap facility (SFISF) operation, with an amount of 100 billion yuan. 31 securities and fund companies participated in the bidding, and the winning rate was 10bp. After the announcement, Cathay Haitong and CITIC Securities successively disclosed that they had won bids of 10 billion yuan each, Soochow Securities had won 5 billion yuan, and SDIC Securities had won 6 billion yuan; GF Securities, Orient Securities, China Merchants Securities, Guosen Securities, Ping An Securities, Great Wall Securities, Guolian Minsheng, and Huafu Securities also announced winning bids. Only a few securities firms that have disclosed the amount have taken a total of more than 34 billion yuan. What is worth looking forward to is that several brokerages have stated that the swap facility will be used to increase holdings of stocks and stock ETFs. Cathay Haitong said that all the quotas will be put into use as soon as possible, and Soochow Securities said that it will speed up the implementation of the quotas and further increase its holdings of stocks and stock ETFs. Ping An Securities said that staffing, business processes, technical systems and collateral preparations are all in place. Huafu Securities stated that it will speed up the use of the winning bid quota and the implementation of the business. From winning the bid to entering the market, tens of billions of funds are already on the way.