Several directors and senior executives of JinGang have been taken criminal coercive measures, the company's 2.2 billion debt rights have been overdue for four consecutive years with financial fraud | Speed Reading Announcement.
1. ST Jin Gang's vice chairman and president, vice president and chief financial officer, vice president, former director, former chairman of the company, and 5 others have been taken coercive measures by public security organs; 2. The company has incurred a total accounts receivable and prepayment balance of approximately 2.171 billion yuan due to its trading business, all of which have been overdue; 3. The company has committed financial fraud from 2018 to 2021, falsely inflating revenue by 8.62 billion yuan, and has not disclosed its interim report for this year.
Share buyback and shareholding loans are quickly implemented! Industrial and Commercial Bank of China, Bank of China, China Construction Bank, China Merchants Bank, Citic Bank, and other banks have announced progress. Some banks have cooperation intention
①As of now, Bank of China has reached cooperation intentions with nearly a hundred listed companies, explicitly committing loans to 32 listed companies, covering industries such as integrated circuits, transportation, high-end manufacturing, and business services; ②The bank stated that it will strictly adhere to the risk compliance bottom line, rigorously prevent crediting funds that do not meet the conditions of the stock increase stake & buy back and reloan policy from illegally flowing into the stock market.
"Repurchase, shareholding, and re-lending" is quickly implemented! The scale has exceeded 10 billion yuan, with central enterprises leading the trend.
①Yesterday, the first batch of 23 listed companies have disclosed information on shareholding, repurchasing, and additional financing, with the total amount involved exceeding one billion yuan; ②Among central state-owned enterprises, two major shipping giants, China Merchants Group and cosco shp sg, have multiple companies involved, while private enterprises are represented by industries such as aquaculture, photovoltaics, and semiconductors; ③Market participants believe that the new policy on additional financing has received enthusiastic responses, which will help further activate the market and bring more liquidity.
Shipping leader takes action! Cosco Shipping Group's 4 listed companies have announced plans to increase stake & buy back, all of which will use special loans. | Quick announcement
1. Leading shipping companies in the COSCO group, COSCO Shipping Holdings, COSCO Shipping Development, COSCO Ship Engy, and COSCO Shipping Specialized Carriers announced tonight a collective increase stake & buy back plan; 2. Earlier, several port and shipping listed companies in the China Merchants group also announced increase stake & buy back plans.
Express News | This morning, the chairman of the board proposed a stock repurchase announcement for the listed companies in the China Merchants Group.
During the long holiday, by how much did the market help boost the A-share?
During this holiday, the average increase in the Hong Kong stock market tracking the csi 300 index ETF reached 20%, while the average increase tracking the chinaamc star50 etf reached 64%. Almost all of the 150 ah stocks listed have risen, with an average increase of over 90% in brokerage stocks.