Mumbai Wealth Management：Business 丨 New MonMary Tool to Support Capital Market

China's First Capital Market-Targeted Monetary Tool Office Launchd on ThursdayMumbai Wealth Management. Together with the Recently Economic Stimulus Policies A nd more of the kind in the pipeline, Such Moves Will Help to Further Improve Market Liquidity WHILE BOOSTING Investors' Confidence, Which is confided to the.Market Stabilization in the Long Run, Said Experts.their Comments We Made on Thursday, when the 500-Billion-Yuan ($ 71 Billion), Funds and Insuran CE Companies Swap Facility (SFISF) WAS Office Launches by the People's Bank of China, The THE, The the The THE, the the the the the the the the the The thes, the the the the thes, the the thes, the the thes, the the thes, the the thes, the the thes, the the thesCountry's Central Bank.the sfisf Will Alow Qualified Securities Brokerages, Fund Companies and Insurers to Use their Assets Including Bonds, Stock EX Change Traded Funds and Holdings in the Constituents of the Benchmark CSI 300 Index as Collastrul in Exchange for Highly Liquid As Treasury BondsAnd Central Bank Bills, The Pboc Said in A Statement.application for the Swap Program Started on Thursday, and While the Initial Phase of the Program is Set AT 5 00 Billion Yuan, it can be further explicing depending on the signation, accounting to the statement.Pboc's Governor Pan Gongsheng Annound the Plan to Launch the Swap Program in Late September, Adding that the movement "significantly enhance firms' ITY to Access Funds to Buy Stocks ".ZHu Hualei, Senior Investment Consultant of Jufeng Investment Information, Explained That The TheSFISF Will Help TO Usher in More Capital Inflow INTO The A-SHARE Market and Avoid Drastic Market Fluctuations, Including Panic SelliS SWAP Program Will So Revitalize the Existing Assets Held by Securities, Fund and Insurance Companies, ProvidIDING more liquidity to these Financial serviceProvident. This is of the Great Importance to Further Consolidating A-Share Investors' Confidence and Stabilizing Market Performance, He Said.the Benchmark ShangHai Compo Site Index GAINED 1.32 Percent to Close at 3301.93 Points on Thursday, While The Shenzhen Component Index Slid 0.82 Percent.trading Remaind Active, With the Combined Trading Value at the SHANDHAI and Shenzhen Exceedes Exceering 2.1 TRNew Delhi Investment. Illion yuan. A large number of state-back enterprises trading at the technology-facuseXtPrefabricated Construction and Cofco Technolog & Industry, Touch the Daily Price Increase Limit of 20 Percent On ThursDay.Xu Zhong, ONAL Association of Financial Market Institutional Investors, Stressed that the sfisf Cannot Be Unders THE Central Bank Entering the Stock Market as the.Monetary Base is Not Increased and the Central Bank's Balance Sheet is Not Expanded While Implementing The Swap Program.the Similar to the Term ES LENDING FACILITY ONCE Introiduced by the us Federal Reserve, The Latter of WHICH Helped to Improve Liquidity by ExchangeTreasury bonds, SAID XU.THE Fed Launched The TSLF in 2008, When the Capital Market Was Hit by the Global Financial Crisis. OrRow Treasury Bonds with Higher Liquidity by USING The Less Liquid Securitys they Held as Collators.theSFISF, The First PSE 300-Billion-Yian Special Reloan Annound in Late SEPTEMBER to Support Public Companies' Buybacks and Increased Holdings, As Well As TH E Recently Annound Batch of Incremental Stimulus Packages, have significantly boosted the market confidence in China, SAID ROBIN XING, Chief CHIEF CHINOMIST AT MOT MORGAN Stanley.Descripness The SFISF As "UnpreedeDED", xiong Yi, Chief CHIEF CHIETAMISTATLATLETSATAAOREAREAAAOAOAOAOAOAOAOAAAAOOAAAAAOAAAAAAAAAEAAAAEAAAAAAAAEEEEularsAAAAAAAAsationct IcKed Up Immedly When the Plan to Launch the Program was Announdced, Proven by the Rising Benchmark IndexesAnd Surging Trading Value Lately.at A News Conference Scheduled for Saturday, Finance Minister Lan Fo'an is Expected to Introgule Plans Aimed at "Intensifying Countr-equipClical Adjustment of Fiscal Policy to Promote High-Quality Economic Development" .industry Experts Estimate THE Scale OF FISCAL POLICIES to Be Released within the year may not be less than 2 Trillion Yuan. They May Include Raising the Deficit Ratio, ISSUING SPECIALY BONDS and Ultra-Long-Term Special Treasury Bonds, and Expanding Special Bonds' Scope of Use.reporter: Shi jing