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China's PBOC Boosts Share Buybacks to Stabilize Market

1/20/2025

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Story summary
  • China's People's Bank (PBOC) is enhancing share buyback tools to support listed companies' market value.
  • Key changes include reducing the self-funding ratio to 10% and extending loan terms to three years.
  • More than 300 companies are set to use bank loans for buybacks, led by major firms.
  • This initiative aims to stabilize the capital market and increase investor confidence.