CHINA ANNOUNCED 1ST 500 BILLION SWAP FACILITY FOR CAPITAL MARKET

SPOT_ON
2024-09-28

In addition to support for the economy, the government is also focusing on capital markets. This week, a CNY 500bn swap facility was announced, giving brokers, funds, and insurance companies liquidity to buy stocks.


With two more rounds of CNY 500bn mentioned as possible. A CNY 300bn special refinancing facility, with a 2.25% lending rate, will be introduced for share buybacks, and a stock market stabilization fund is also under consideration.



$Alibaba(09988)$  

$PDD Holdings Inc(PDD)$  

$XPeng Inc.(XPEV)$  

$BIDU-SW(09888)$  

$TENCENT(00700)$  


@MillionaireTiger  

@Daily_Discussion  

@Tiger_chat  

@Tiger_SG  

@Tiger V  

💰Stocks to watch today?(23 Jan)
1. What news/movements are worth noting in the market today? Any stocks to watch? 2. What trading opportunities are there? Do you have any plans? 🎁 Make a post here, everyone stands a chance to win Tiger coins!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • SPOT_ON
    2024-09-29
    SPOT_ON
    根据淘宝官方声明,从周五开始,在阿里巴巴淘宝平台购物的消费者现在可以使用腾讯的微信支付进行交易。

    微信支付表示,新的支付选项允许用户使用微信支付完成购买,后续更新将使用户能够直接在微信应用程序内访问交易记录和账单。

    此外,淘宝和天猫将正式整合京东物流,该服务预计将于10月中旬推出

    $阿里巴巴-W(09988)$

  • SPOT_ON
    2024-09-30
    SPOT_ON
    baba in US market surging to around $111 overnight !!! [Call] [Call] [Call] [Call] [USD] [USD] [USD]
  • SPOT_ON
    2024-09-29
    SPOT_ON
    City Developments Limited... has a subsidiary CITY DEVELOPMENT CHINA .. which is around 12% of CDL total assets
  • SPOT_ON
    2024-09-28
    SPOT_ON
    [USD] [USD] [USD] [USD] [USD] [USD]
  • Dr Leonard Lim
    2024-10-05
    Dr Leonard Lim
    Great article, would you like to share it?
  • Handyluo
    2024-10-02
    Handyluo

    Great article, would you like to share it?

Leave a comment
25
2112