On October 8th, the class A share bank stocks collectively rose sharply, and many individual stocks once rose by the limit. Although the increase in the afternoon fell with the broader market, the plate successfully got rid of the collective net situation, and China Merchants Bank took the lead in breaking the net "curse". Some local bankers told reporters that they have not yet learned about the relevant window guidance and its specific content, but the requirements for credit funds to be stric...
1. Six departments including the Ministry of Finance: It is strictly forbidden to borrow illegally and illegally for municipal infrastructure assets with no or insufficient income, and hidden debts shall not be increased. 2. Central Bank: In July 2024, the bond market issued a total of 6.63839 trillion yuan of various bonds. 3. Central Bank: As of the end of July 2024, the custody balance of foreign institutions in the Chinese bond market was 4.50 trillion yuan. 4. MLF shrinkage and parity renew...
On August 26th, the Ministry of Finance and other six departments formulated and issued the "Measures for the Administration of Municipal Infrastructure Assets (for Trial Implementation) ". The measures emphasize that municipal infrastructure assets invested and constructed by the government shall strictly perform the capital construction approval procedures in accordance with the law, implement the sources of funds, strengthen budget constraints, and prevent government debt risks. It is strictl...