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ABC Committed to Refining Refinancing for Stock Repurchases & Increases for Multiple Sectors
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Since the establishment of the tool for refinancing for stock repurchases and increases, ABC (01288.HK) (601288.SH) has actively catered to the needs of central state-owned enterprises and private enterprises, according to the Shanghai Securities News.

By the end of March, the bank had provided specialized refinancing services for stock repurchases and increases to 53 listed companies across various sectors such as advanced manufacturing and green finance. The total loan contract amount exceeded RMB15 billion, with more than RMB8.5 billion already disbursed, ranking among the top in the industry.

To fully support the increased demand for stock repurchases and increases by listed companies, ABC has recently responded swiftly, deploying comprehensive measures to enhance its specialized refinancing services and allocations for stock repurchases and increases for quality listed companies. It has reached cooperation intentions with several central state-owned and privately listed companies for specialized refinancing for stock repurchases and increases, continuously advancing the refinancing business for stock repurchases and increases to achieve larger-scale disbursements.
AAStocks Financial News