PANews|7月 19, 2026 14:51
[Intensive Actions by State-Owned Central Enterprises: Guoxin and Chengtong Combined Increased Holdings by Approximately 60 Billion Yuan to Support the Capital Market]
China Guoxin Holdings stated that it remains optimistic about the development prospects of China's capital market. Its subsidiary, Guoxin Investment, has utilized over 50 billion yuan through stock repurchase, special refinancing loans, and supporting funds to maintain market stability. Moving forward, it will continue to fully leverage refinancing policy tools and combine them with its own funds to increase holdings of central enterprise stocks.
At the same time, China Chengtong and its subsidiaries, Chengtong Capital and Chengyang Investment, have also made significant increases in holdings of state-owned central enterprise-related stock assets, with cumulative purchases nearing 10 billion yuan. They further stated that they will continue to use their own funds and special refinancing loans to increase holdings of stocks and ETFs related to state-owned central enterprises and technology companies.
Both institutions expressed firm confidence in the prospects of China's economy and capital market, pledging to fully support the stable and healthy operation of the capital market.
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