Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
CN Optimizes Policy on Shr Repurchases & Increases Loan, Reduces Self-owned Funds Ratio Threshold
Recommend 24 Positive 61 Negative 21 |
||||
|
||||
|
In order to further increase the scope of policy support and facilitate the operation of participating entities, it is reported that the financial management department recently adjusted and optimized the policy relating to the implementation of refinancing for stock repurchases and increases, according to Chinese media. Specifically, in response to the pressure of matching self-owned funds reflected by listed companies and major shareholders, the financial management department reduced the minimum proportion of self-owned funds to be borne by the applicant for stock repurchase loans to 10%, i.e., financial institutions can support up to 90% of the actual amount of the stock repurchases and increases, lowering the threshold for participation and alleviating the pressure on borrowers' funds. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
