China's State-owned Enterprises to Increase Holdings by 50 Billion Yuan to Maintain Market Stability

According to China Securities Journal, it was learned from China Guoxin Holding Co., Ltd. on the evening of July 19 that China Guoxin remains optimistic about the development prospects of China's capital market, firmly supports the innovation and high-quality development of central enterprises, and its subsidiary Guoxin Investment Co., Ltd. has already used over 50 billion yuan in stock repurchase and increase funds for special refinancing and matching funds to maintain market stability. In the future, they will continue to make good use of the refinancing policy tool, while using their own capital to further increase their holdings of central enterprise stocks, resolutely safeguarding the strategic value of core assets in the capital market, and ensuring the stable and healthy operation of the capital market.