Witness history, the first batch of 23 companies, tens of billions of incremental funds have arrived

On October 20th, only 2 days after the establishment of the stock repurchase and re-lending tool, on the evening of October 20th, the first batch of class A share listed companies participating in the repurchase and increase loans were released one after another. As of 19 o'clock that night, 23 class A share listed companies announced that they had obtained bank loan commitment letters or signed loan agreements with banks for stock repurchase or increase, including Sinopec, Sunshine Power, China Merchants Shekou, Muyuan, COSCO Haikong, Zhaoyi Innovation, etc. The total amount of funds involved exceeded 10 billion yuan. Analysts pointed out that the above-mentioned companies participated in the repurchase and increase of loans, marking the first phase of 300 billion repurchase and increase of loans into the landing stage, which will enhance the enthusiasm of listed companies to buy back shares and major shareholders to increase shares, and boost the confidence of capital markets.