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10 trillion debt-for-equity swap, real estate tax policies will be introduced in the near future... One article to understand the NPC press conference
Starting from 2024, China will allocate 800 billion yuan from the annual increase in local government special bonds for five consecutive years, specifically for debt restructuring, with a cumulative potential to replace 4 trillion yuan in hidden debt. In addition, with the 6 trillion yuan debt ceiling approved by the National People's Congress Standing Committee this time, it will directly increase local debt resources by 10 trillion yuan.
Express News | CNFinance to Hold an Extraordinary General Meeting on November 29, 2024
Central Bank's major announcement! Reserve ratio cut, interest rate cut, officially launching share buyback and shareholding refinancing.
Pan Gongsheng stated that it is expected to carefully assess the market liquidity situation before the end of the year, and opportunistically further lower the deposit reserve ratio by 0.25-0.5 percentage points; reduce the open market 7-day reverse repurchase operation rate by 0.2 percentage points.
CNFinance Holdings Ltd (CNF) Q2 2024 Earnings Call Highlights: Navigating Growth Amidst Rising ...
ADRs End Lower; OneConnect Financial Technology Co. Ltd. Declines 23%
Asian Equities Traded in the US as American Depositary Receipts Start Week on Flat Note in Monday Trading
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