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PBOC has officially ramped up support for the stock market, relending facility launched

  • Propping up stocks
Eamonn Sheridan
18/10/2024 | 02:46 GMT

I posted the news earlier, but the long story short is this is the People's Bank of China officially launching its relending facility to help listed firms stock repurchases and increasing shareholdings:

  • PBOC Governor provides directions for stock buybacks
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