- The People’s Bank of China will meet with the National Financial Regulatory Administration, the China Securities Regulatory Commission and major banks on Monday to discuss tools to support the capital market.
- The meeting will study how to improve a relending program for share buybacks and stake increases, according to Cailian, citing people in the industry.
- The report is based on local media and industry sources and has not been confirmed by an official release in the supplied documents.
Quotes
“a relending program for share buybacks and stake increases”
“will hold a meeting on Monday to discuss the use of tools designed to support the country’s capital market”