1. The People's Bank of China (PBOC): Implementing a more proactive and effective macroeconomic policy to prevent and resolve risks in key areas.
2. 22 Vanke MTN005: The proposal to extend the grace period for principal and interest payments was approved, while the extension plan was not.
3. Vanke: The grace period for the principal and interest payments of 22 Vanke MTN005 has been extended from 5 working days to 30 trading days.
4. The PBOC and two other departments: Encouraging eligible financial institutions to issue special financial bonds for agriculture, rural areas, and farmers.
5. Rating agencies underwrote over 10% more bond products in the third quarter.
6. The Shanghai and Shenzhen Stock Exchanges expect to reduce fees by approximately RMB 1.465 billion in 2025, including waiving transaction fees for bonds other than convertible bonds.
7. Guojin Securities: Approved to publicly issue corporate bonds not exceeding RMB 25 billion.
8. Net financing of non-financial enterprises in Tianjin's interbank bond market reached a near 5-year high.
9. Hubei Yihua: Its application to issue convertible bonds to unspecified investors has been accepted by the Shenzhen Stock Exchange.
10. Yunnan's "15th Five-Year Plan" proposal: Comprehensively deepen the reform of state-owned enterprises, and coordinate sustainable development and debt risk mitigation.
11. Baili Tianheng: Plans to apply for registration and issuance of debt financing instruments not exceeding 10 billion yuan.
12. Shandong Province plans to issue 25.609 billion yuan of special refinancing bonds to replace existing implicit debt.
