U.S. stock market anomaly: The central bank recently established the "securities, fund, and insurance company interchange convenience" program. U-bx technology (UBXG.US) surged over 10%.

Zhitong Finance · Oct 14 22:09

On Monday, U-BX Technology (UBXG.US) quickly strengthened after the opening, soaring by 10.83% as of the time of publication, reaching $0.44.

According to the Securities Times app, on Monday, U-BX Technology (UBXG.US) quickly strengthened after the opening, soaring by 10.83% as of the time of publication, reaching $0.44. In terms of news, the People's Bank of China recently announced the establishment of "Securities, Funds, and Insurance Companies Swap Facility" (SFISF), supporting eligible securities, funds, and insurance companies to mortgage bonds, stock ETFs, csi 300 index component stocks, and other assets with the People's Bank in exchange for treasury bonds, central bank bills, and other high-grade liquid assets. The initial operation scale is 500 billion yuan, with the possibility of further expanding the scale as needed. From now on, eligible securities, funds, and insurance companies can apply.

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美股异动 | 央行近日创设“证券、基金、保险公司互换便利” 有家保险(UBXG.US)涨超10%

U.S. stock market anomaly: The central bank recently established the "securities, fund, and insurance company interchange convenience" program. U-bx technology (UBXG.US) surged over 10%.

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