Chinese state media with comments from Pan Gongsheng, People's Bank of China governor
- PBOC provides specific directions for stock buybacks and reloans to increase holdings, and it is the bottom line that credit funds cannot enter stock market in violation of regulations
- Central bank's provision of stock buyback and additional purchase re-loans has specific directional aims, and a fundamental bottom line is that loan funds must not unlawfully enter the stock market
- The two tools to support the stable development of the capital market are entirely based on market-oriented principles, and swap facility is not direct financial support from central bank
