B · Normal
[Re-lending policy continues to be vigorous, low-cost funds help listed companies repurchase and increase holdings] November 10th, in order to maintain the smooth operation of the capital market, the People's Bank of China has recently stepped up its implementation of the stock repurchase and increase re-lending policy. Recently, a number of listed companies have announced that they have obtained special loan commitment letters for repurchase from banks. Wind data shows that so far, a total of 26 A-share companies have announced that they have obtained loan commitment letters for stock repurchases and shareholding increase from listed companies since November. Among them, the amount of loan commitments obtained by Jade Bird Intelligent Control ranks first. Many interviewees told reporters that companies with low price-to-book ratios and high returns on capital investment, central state-owned enterprises with clear market value management and assessment needs, and listed companies with high dividend ratios have strong incentives to repurchase shares and are more willing to apply for special repurchase loans from banks. (China Securities Journal)
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