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BANK OF CHINA Confirms Loan Commitments to 32 Listed Co., Incl. Sinopec, COSCO Shipping
Recommend 22 Positive 39 Negative 18 |
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BANK OF CHINA (03988.HK) (601988.SH) announced that it has reached cooperation intentions with nearly a hundred listed companies regarding loans for stock repurchases and increases, and has confirmed loan commitments to 32 listed companies covering industries including integrated circuits, transportation, high-end manufacturing, and business services. The first batch of stock repurchase loan cases has officially been implemented. Last Saturday (19th), agreements for loan commitments for stock repurchases and increases were signed with six listed companies, including Sinopec, COSCO Shipping Energy, COSCO Shipping, COSCO Shipping Specialized, COSCO Shipping Development, and Dosilicon. In the announcements released yesterday (20th) by the Shanghai and Shenzhen stock exchanges regarding cooperation with the first batch of 23 listed companies, BANK OF CHINA supported seven projects, ranking first among its peers. AAStocks Financial News |
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