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PBOC Governor Pan: PBOC provides specific directions for stock buybacks and reloans to increase holdings
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PBOC Governor Pan: PBOC provides specific directions for stock buybacks and reloans to increase holdings
New
2024.10.18 11:36
2024.10.18 11:36
2024.10.18 11:36
People's Bank of China (PBOC) Governor Pan Gongsheng said on Friday that the Chinese central bank "provided specific directions for stock buybacks and reloans to increase holdings, and it is the bottom line that credit funds cannot enter the stock market in violation of regulations."
Additional quotes
Central bank's provision of stock buyback and additional purchase re-loans has specific directional aims, and a fundamental bottom line is that loan funds must not unlawfully enter the stock market.
The two tools to support the stable development of the capital market are entirely based on market-oriented principles, and swap facility is not direct financial support from central bank.
Last updated
: 2024.10.18
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AUD/JPY drifts lower to near 100.50 amid verbal intervention fears
The AUD/JPY cross trades on a softer note near 100.50 during the Asian trading hours on Friday.
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2024.10.18 13:24EUR/USD appreciates to near 1.0850 despite less-dovish sentiment surrounding the Fed
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The Japanese Yen (JPY) edges higher against its American counterpart during the Asian session on Friday and for now, seems to have snapped a two-day losing streak to its lowest level since early August touched the previous day.
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West Texas Intermediate (WTI) Oil price extends its gains for the second consecutive day, trading around $70.40 per barrel during Asian hours on Friday.
New
2024.10.18 12:06PBOC Governor Pan: PBOC provides specific directions for stock buybacks and reloans to increase holdings
People's Bank of China (PBOC) Governor Pan Gongsheng said on Friday that the Chinese central bank "provided specific directions for stock buybacks and reloans to increase holdings, and it is the bottom line that credit funds cannot enter the stock market in violation of regulations." Additional quotes Central bank's provision of stock buyback and additional purchase re-loans has specific directional aims, and a fundamental bottom line is that loan funds must not unlawfully enter the stock market.
New
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2024.10.18 11:12China's economy expands 4.6% YoY in Q3 2024 vs. 4.5% expected
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2024.10.18 11:01Disclaimer:
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