State Council Orders Stronger Market-Stabilization Mechanisms; PBOC Cuts Share Buyback Relending Rate to 1% (Finance)

Generaldesk view

State Council Orders Stronger Market-Stabilization Mechanisms; PBOC Cuts Share Buyback Relending Rate to 1% (Finance)

The State Council executive meeting on November 6 called for improving capital-market stabilization mechanisms and strengthening the market’s inherent stability…

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Financedesk view

China steps up market-stability tools: share buyback/increase relending rate cut to 1%, SFISF batch tops CNY 100B; State Council stresses stability mechanisms (PBOC/A-shares)

Chinese weekend coverage highlighted stepped-up stability tools: from November 4 the PBOC cut the stock repurchase-and-increase relending rate by 25 bp to 1%, c…

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