According to CoinMeta, the People's Bank of China has intensified the implementation of the stock repurchase and shareholding increase re-lending policy to maintain the stable operation of the capital market. Starting from November 4, 2026, the interest rate on stock repurchase and shareholding increase re-lending has been reduced by 0.25 percentage points to 1%. This policy is aimed at 21 national banks and 5 systemically important city commercial banks, with a support ratio of 100% and a duration of one year, which can be extended according to the needs of the banks. Banks are allowed to add a small margin on top of the re-lending rate to reasonably determine the term and interest rate of the stock repurchase and shareholding increase loans, thereby accelerating the disbursement of loans, enhancing the market value management capabilities of listed companies and major shareholders, and providing sufficient re-lending quotas for the banks.