China's CSRC rolled out a package of measures to stabilize markets and expectations and is implementing a third batch of swap facilities for securities, fund and insurance firms. Guolian Minsheng Securities secured an allocation under the program. The firm said it will fully utilize the swap facility and channel injected funds primarily into listed equities and equity ETFs for investment and market making.

China Galaxy Securities was allocated funds in the third swap facilitation operation. The firm said it will coordinate across departments to provide pledged securities and prepare eligible assets to complete application and bidding, laying groundwork for subsequent swap operations, financing and investment execution. Proceeds will follow prior investment direction and support continued long-term equity-market asset allocation.

南向资金净买额达120亿元。