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ICBC Completes Due Diligence Approval for 100+ Firms' Refinancing for Stock Repurchases and Increases
Recommend 7 Positive 15 Negative 7 |
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Recently, the People's Bank of China, the National Financial Regulatory Administration, and the China Securities Regulatory Commission have jointly issued the "Notice on Matters Related to the Establishment of Refinancing for Stock Repurchases and Increases" to set up the refinancing for stock repurchases and increases, which specifically supports listed companies and major shareholders in buying back and increasing their holdings of listed company stocks, Chinese media reported. As of now, ICBC (01398.HK) has completed due diligence approval for the refinancing for stock repurchases and increases for over 100 companies, with loans covering multiple sectors including the Main Board. AAStocks Financial News |
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