According to CoinMeta, on November 6th, China Merchants Securities stated that it had successfully completed the third batch of securities, fund, and insurance company swap facilitation operations conducted by the People's Bank of China, including the exchange of central bank bills for pledged repurchase transactions, and also initiated the first batch of stock investments. Subsequently, they will continue to utilize the 5 billion yuan in swap facilitation funds awarded in the third batch to make investments in the A-share market.