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PBOC to Hold Symposium on Share Buyback and Stake-Increase Re-Lending Program
36Kr1 min read
According to industry insiders, the People's Bank of China will convene a meeting with the National Financial Regulatory Administration, the China Securities Regulatory Commission and major banks next Monday to study optimizing the re-lending program for share buybacks and stake increases. Market speculation suggests the meeting is highly likely a preparatory step by financial regulators to further stabilize the market. (Caixin)
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