• China unveils details of US$42 billion relending scheme to sustain stock market

    Source: Buzz FX / 18 Oct 2024 03:21:24   America/Chicago


    Listed Chinese companies and key shareholders can apply for loans from nearly two dozen banks to fund stock buy-backs and stake increases, as financial regulators unveiled rules for the 300 billion yuan (US$42.2 billion) relending programme
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