On October 20th, Sinopec announced that Sinopec Group, the controlling shareholder of the company, signed a credit agreement with the Bank of China joint stock company to obtain a credit line of 700 million yuan. The special project is used for Sinopec Group to increase its holdings of Sinopec's class A shares through centralized bidding transactions in this round of holdings and the future new phase of holdings. Correspondingly, the source of funds for this round of holdings of class A shares w...
On October 20th, China Merchants Shekou announced today that the company signed an agreement with China Merchants Bank Shenzhen Branch, and China Merchants Bank Shenzhen Branch will provide the company with a loan limit of no more than 702 million yuan for the company's stock repurchase project. On the same day, Sinopec announced that the company's controlling shareholder, Sinopec Group, signed a credit agreement with Bank of China to obtain a credit line of 700 million yuan, and a special proje...
On October 19, after the central bank set up a stock repurchase and re-lending on October 18, the reporter learned on the 19th that the first order of re-lending may be landed in Shenzhen. "China Merchants Group has a unified deployment arrangement, and specific information will be released tomorrow and the day after tomorrow at the earliest, including interest rates, loan amounts and terms." An industry insider told reporters that this should be the first domestic repurchase and re-lending.
On October 19, large state-owned enterprises and central enterprises seem to be launching a wave of share increases and repurchases. Previously, China Merchants listed companies have collectively launched repurchases, and listed central state-owned enterprises such as China State Construction, China Energy Construction, and Sinotrans have also launched share increases or repurchase plans. According to reporters, the first order of repurchase and refinancing is being implemented in Shenzhen for a...
On September 24th, the State Council Information Office held a press conference on September 24th. Pan Gongsheng, President of the People's Bank of China, said at the meeting that the creation of stock repurchase and re-lending will guide commercial banks to provide loans to listed companies and major shareholders for repurchase and increase of shares of listed companies. The People's Bank of China will issue re-loans to commercial banks, and the proportion of financial support provided is the s...
September 13th news, insurance funds and other institutional investors are using ETFs to continue to lay out class A shares. According to data from the Shenzhen Stock Exchange, according to incomplete statistics, insurance institutions represented by China Life and New China Life increased their holdings of ETFs in the two cities by a total of 33.753 billion yuan in the first half of 2024. Overall, institutional investors hold the highest proportion of wide-based ETFs, accounting for 69.6%, foll...