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The 10 trillion debt-to-equity swap is here! A-shares are expected to strengthen, these sectors may benefit.
On November 8th, the 12th meeting of the 14th National People's Congress Standing Committee (hereinafter referred to as the "meeting") concluded. The meeting reviewed and approved the most significant debt-to-equity swap measures in recent years, attracting high market attention.
How do you view the upcoming introduction of the most significant debt-to-equity swap measures in recent years?
Looking back at the data of previous years, the scale of replacement last year exceeded 2.2 trillion yuan. This indicates that the scale of the new measures will definitely be above 2.2 trillion yuan. It is worth noting that the previously relatively stable Ministry of Finance has taken a strong stance this time, with expressions such as "the largest effort in recent years" and "a one-time large scale", which are full of imagination space. It can be expected that a significant fiscal incremental policy is about to come.
G-RESOURCES: Interim Financial Report For The Six Months Ended 30 June 2024
G-Resources Group Announces Robust Interim Profits
G-resources (01051) released its interim results, with a net profit attributable to shareholders of $40.349 million, a turnaround from previous year's loss.
G-resources (01051) released its interim results for the six months ended June 30, 2024, and the Group achieved profits...
G-RESOURCES: Interim Results for the Six Months Ended 30 June 2024
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