19 Hrs
Source:
أخبار الصين
Source: أخبار الصين
19 Hrsأخبار الصين
Source: أخبار الصين
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The People’s Bank of China conducted a new operation under its Securities Swap Facility to support the capital market, involving 31 securities firms and fund companies. The operation exceeded 100 billion yuan (about $14.89 billion), with a return rate of 10 percentage points. The facility allows eligible firms to exchange assets such as bonds and stocks for highly liquid assets, helping improve financing and strengthen their capacity to increase stock holdings. The previous two operations were valued at 50 billion yuan and 55 billion yuan, respectively, with 20 firms participating in each. The central bank said it would continue the program, broaden participation, lower fees and improve its operational arrangements.
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