Orient Securities wins the bid for the PBOC's third swap facility operation.

Orient Securities won the bid on November 3 for the People's Bank of China's third swap facility operation for securities, fund, and insurance companies, with its participation intensity further increased compared with the previous round. Orient Securities stated that it will actively make good use of the swap facility policy tool, promote the entry of medium- and long-term incremental funds into the market, give play to the professional advantages of institutional investors, help boost investor confidence, and promote the stable and healthy development of the capital market.