Shanghai Central Bank Headquarters: Approval of Over 130 Loan Projects for Share Repurchases and Increases by June-End
4 week ago / Read about 0 minute
Author:小编   

The Shanghai Headquarters of the People's Bank of China, in collaboration with the Shanghai Securities Regulatory Bureau, has rolled out initiatives aimed at fostering share repurchases and increases among private listed companies, offering loan assistance to these enterprises. As of the end of June, financial institutions under their jurisdiction had approved over 130 related loan projects, with approximately 80% of these benefiting private enterprises. This development is instrumental in enhancing private enterprises' market value management. Furthermore, Shanghai has successfully issued its inaugural technological innovation bond for private enterprises, thereby facilitating their advancement in new technological productivity through bond financing.