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Jiangsu promotes the orderly implementation of the Share Buyback and Shareholding re-loan tool.

Breakings ·  Apr 18 18:26

The "Gathering Heart and Strength, Steady Progress - Share Buyback and Shareholding Re-loan Policy Presentation Conference" jointly hosted by the People's Bank of China Jiangsu Branch, Jiangsu Securities Regulatory Commission, and Nanjing Municipal People's Government was held in Nanjing. Outside the venue, 8 banking Institutions, including the Bank Of China Jiangsu Branch, set up special policy presentation stations to introduce specific financial services to representatives of listed companies attending the conference. According to Statistics, currently, 42 listed companies in Jiangsu have announced a Share Buyback, with a monetary loan limit exceeding 8.9 billion yuan, and both the number of buybacks and loan amounts account for 10% of the national total.

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