-
China unveils details of US$42 billion relending scheme to sustain stock market
Source: Buzz FX / 18 Oct 2024 04:21:24 America/New_York
Listed Chinese companies and key shareholders can apply for loans from nearly two dozen banks to fund stock buy-backs and stake increases, as financial regulators unveiled rules for the 300 billion yuan (US$42.2 billion) relending programme
Read more...