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China's central bank launches a re-lending facility with 300 billion yuan for listed companies' share buybacks and increased shareholdings.
China's central bank has launched a special re-lending facility to support share buybacks and increased shareholdings by listed companies.
Over 20 firms have secured loans under this initiative, which offers 300 billion yuan (approximately $42 billion) at a 1.75% interest rate.
The program aims to lower financing costs and enhance the stability of China's capital market, ultimately fostering greater market confidence.
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El banco central de China lanza un servicio de re-préstamos con 300 mil millones de yuan para recompras de acciones de empresas cotizadas y mayores participaciones.