Central Bank Pushes Forward with Relending Policy for Stock Buybacks and Shareholdings

The central bank has announced plans to step up the implementation of its specialized relending policy aimed at supporting stock buybacks and shareholding increases by listed companies and major shareholders. This financial measure is designed to provide stable liquidity support to the capital market, boosting investor confidence and promoting the healthy, steady development of the stock market.

Under the framework of this policy, eligible financial institutions will receive targeted funding support to extend loans to enterprises and major shareholders specifically for purchasing and holding company shares. Market analysts point out that this monetary policy tool plays a proactive role in optimizing market capital structures and encouraging long-term investment behaviors among corporate leaders. By facilitating easier access to capital for share buybacks, the policy helps signal positive corporate value to the broader market.

Financial regulators have urged commercial banks to strictly adhere to risk management guidelines while actively processing eligible applications under the relending program. The central bank remains committed to utilizing a mix of monetary policy instruments to maintain market stability, support the real economy, and respond flexibly to evolving economic conditions.

Sources: Cailian Press

Aggregated summary. Original: 财联社电报