Nov 4 — The PBOC said its re-lending facility for stock buybacks and share
increases will now cover 21 national banks and five systematically important cities
commercial banks, adding Ningbo Bank, Bank of Jiangsu, Bank of Shanghai, Bank of
Nanjing and Bank of Beijing. Multiple city-bank sources confirmed the additions.
A city-bank executive said the change is a significant breakthrough that lets
regional banks use client networks and local service capacity to broaden
financing channels for listed companies and major shareholders.
