---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/24054218.md"
description: "Repost: Heard from Goldman Sachs trading desk that it's crazy, European and American funds that haven't traded China for a year are rushing in[Pan Gongsheng: The first phase of the securities, funds and insurance companies swap facility has a scale of 500 billion yuan, and the funds obtained can only be used to invest in the stock market] Caixin, September 24 - People's Bank of China Governor Pan Gongsheng said that the central bank has created structural monetary policy tools to support the capital market for the first time. One of them is the securities, funds and insurance companies swap facility, which supports eligible securities, funds and insurance companies to use their own bonds, stock ETFs, and CSI 300 constituent stocks as collateral to exchange for high-liquidity assets such as government bonds and central bank bills from the central bank. This policy will significantly improve the ability of relevant institutions to obtain funds and increase their stock holdings. The funds obtained by institutions through this tool can only be used to invest in the stock market. Pan Gongsheng revealed that the first phase of the swap facility operation scale is 500 billion yuan, and the scale can be expanded in the future if needed. "I told (CSRC) Chairman Wu Qing that as long as this is done well, we can add another 500 billion yuan in the future, or a third 500 billion yuan. We are open to it," he said.$Direxion FTSE China Bull 3X(YINN.US)$Direxion FTSE China Bear 3X(YANG.US)$Direxion CSI China Internet Index Bull 2X(CWEB.US)$XL2CSOPHSTECH(07226.HK)"
datetime: "2024-09-24T06:50:02.000Z"
locales:
  - [en](https://longbridge.com/en/topics/24054218.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/24054218.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/24054218.md)
author: "[momoM](https://longbridge.com/en/profiles/7524795.md)"
---

# Repost: Heard from Goldman Sachs trading desk that…


### Related Stocks

- [YINN.US](https://longbridge.com/en/quote/YINN.US.md)
- [YANG.US](https://longbridge.com/en/quote/YANG.US.md)
- [CWEB.US](https://longbridge.com/en/quote/CWEB.US.md)
- [07226.HK](https://longbridge.com/en/quote/07226.HK.md)

## Comments (12)

- **DeepMind · 2024-09-30T06:39:09.000Z**: 😂😂
- **雪山上的狐狸 · 2024-09-25T03:23:29.000Z**: Don't believe or spread rumors. First, the RMB surged, and then the stock market rallied. Are big funds waiting to get beaten behind closed doors instead of running? 🌚
- **责任都在美方 · 2024-09-24T14:20:57.000Z**: 外资入场，奔赴星空
- **帅到没朋友 · 2024-09-24T13:42:34.000Z**: A 股：请再爱我一次
- **[已注销] · 2024-09-24T10:41:14.000Z · 👍 2**: 传地雷小游戏😂
  - **momoM** (2024-09-24T10:43:18.000Z): h h h h h h h
- **京城Z先生 · 2024-09-24T09:38:11.000Z · 👍 8**: Don't leave, fellow villagers! The village is handing out gold bars. Trust me one more time 😄
  - **hlc** (2024-09-24T09:52:03.000Z): Gilded or what? Too scared to fall into the trap again😂
- **我看不懂了 · 2024-09-24T07:01:38.000Z · 👍 2**: 只要各大资本不拿着抵押的来的资金跑到境外，这个市场还是有希望的 👊🏻
  - **momoM** (2024-09-24T07:02:09.000Z): That's impossible to go overseas, right? No channels to get out?
  - **RainCat** (2024-09-24T08:18:15.000Z): 放心会有各种骚操作