The PBOC's Q2 2026 monetary policy implementation report says China will
maintain a moderately accommodative monetary stance and promote stable
capital-market functioning by continuing re-lending for stock buybacks and
shareholder purchases. The central bank will guide financial institutions to
provide loans to eligible listed companies and major shareholders and encourage
use of buybacks and shareholder purchases for market-value management. As of
end-June, financial institutions had signed re-lending contracts exceeding
CNY390bn and disbursed over CNY210bn.