The central bank will launch the third securities, fund, and insurance company swap facility operation tender tomorrow.

This morning, the People's Bank of China and the China Securities Regulatory Commission held a symposium with a number of securities firms and fund companies. According to attendees, at the meeting, the People's Bank of China will launch the third tender for swap facility operations for securities, fund, and insurance companies. Institutions showed strong willingness to apply this time, with more than 30 institutions submitting applications. Attendees said that the swap facility operation is a beneficial exploration in supporting the capital market, and this symposium once again sounded the assembly call; securities firms, funds, and other institutions will proactively and actively make good use of the swap facility tool, and after successful applications, will invest incremental funds into the capital market as soon as possible.