China Reform Holdings has announced that its affiliate, Guoxin Investment, has deployed over RMB 50 billion through a special relending facility to support stock buybacks and shareholding increases, aiming to stabilize the capital market. Concurrently, China Chengtong and its affiliates have invested nearly RMB 10 billion in state-owned capital central SOE-related stocks. Both entities plan to continue leveraging their funds and the relending facility to bolster holdings in central SOE and technology enterprise stocks and ETFs. The institutions reaffirmed their confidence in China's economic prospects and commitment to maintaining market stability.
Guoxin and Chengtong Invest 60 Billion Yuan to Stabilize China's Capital Market
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