The Chinese government is releasing a lot of money, and Dogecoin is expected to reach 1 US dollar! On November 18, Li Jizun, general manager of the Shenzhen Stock Exchange, said at the 10th Anniversary Summit Forum of the Hong Kong Stock Exchange that 69 companies in the Shenzhen Stock Exchange have been the first to obtain special loan support for increased holdings and repurchases, totaling 17.8 billion yuan. The latest data provided by Wind shows that the total scale of repurchase and increased holdings of listed companies in Shanghai and Shenzhen has exceeded 34 billion yuan, and the progress of the first phase of the central bank's 300 billion yuan repurchase and increased holdings reloan has exceeded 10%.

On October 18, the People's Bank of China, together with the Financial Supervision Administration and the China Securities Regulatory Commission, issued the "Notice on the Establishment of Stock Repurchase and Increased Holding Reloans", and the first phase of 300 billion yuan repurchase and increased holdings reloans entered the implementation stage.

　　According to Securities Daily, in the first month of the implementation of the policy, commercial banks and listed companies responded positively. A total of 145 A-share listed companies issued 148 repurchase and increased holdings loan announcements, involving a total loan amount limit of 34.106 billion yuan, covering 16 banks.

The maximum amount of repurchase loans obtained by 4 companies exceeded 1 billion yuan (including 1 billion yuan). Muyuan shares and Wens Foodstuffs received special loans of up to 2.4 billion yuan and 1 billion yuan respectively for the company's share repurchase; COSCO Shipping's controlling shareholder and Dongfang Shenghong's controlling shareholder received special loans of up to 1.358 billion yuan and 1.12 billion yuan respectively for the company's share repurchase.

According to Muyuan shares' announcement on the evening of October 20, it signed the "RMB Stock Repurchase/Increase Special Loan Contract" with the Nanyang Branch of China CITIC Bank Corporation Limited. China CITIC Bank will provide the company with 2.4 billion yuan of loan funds for the company's share repurchase.

Wens Foodstuffs announced on October 20 that it had signed the "Working Capital Loan Contract" with the authorized branch of Agricultural Bank of China Co., Ltd., and the loan amount did not exceed 1 billion yuan. The funds will be used to repurchase the company's shares, and the repurchase amount is expected to be between 900 million yuan and 1.8 billion yuan, and the repurchase price will not exceed 27.01 yuan per share.

From the perspective of corporate attributes, private enterprises have a large demand for increase and repurchase loans. Among the above 145 companies, 95 are private enterprises, accounting for 65.52%, with a total announced loan limit of 17.825 billion yuan, accounting for 52.26%; 37 are state-owned enterprises, accounting for 25.53%, with a total loan limit of 14.261 billion yuan, accounting for 41.81%; the others are public companies, foreign-funded enterprises, etc.

According to statistics, special loans of #doge⚡ were provided for the above 148 repurchase and increase plans