财经聚焦丨落地逾7个月，支持资本市场的两项新工具有何进展？

Core Insights - The two new tools aimed at supporting the capital market have been operational for over seven months, showing positive market responses and significant progress in their implementation [1][2]. Group 1: Swap Convenience Operations - The swap convenience has been conducted twice since its establishment, with a total amount of 105 billion yuan, reflecting a positive market response [1]. - The first operation involved 20 securities and fund companies with an amount of 50 billion yuan, completed smoothly with over 90% of the funds directed into the A-share market [1][2]. - The second operation on January 2 involved 55 billion yuan, with a reduced bidding rate from 20 basis points to 10 basis points, indicating an improvement in the operational mechanism [2]. Group 2: Stock Buyback and Increase Loans - The stock buyback and increase loan tool aims to encourage financial institutions to provide loans to eligible listed companies and major shareholders for stock repurchase and increase [3]. - As of May 15, 590 listed companies have disclosed 629 loan buyback and increase announcements, with a total loan limit of 131.9 billion yuan [3][4]. - Over 40% of the companies utilizing these loans have a market value exceeding 10 billion yuan, indicating a significant focus on larger firms [3]. Group 3: Overall Impact of New Tools - The establishment of the new loan tool has significantly stimulated overall growth in stock buybacks, with a monthly average increase of 64% in buyback plans since the tool's introduction [5]. - The total amount of stock buyback and increase loan applications is expected to reach 311.9 billion yuan, surpassing the initial loan limit of 300 billion yuan [4][5]. - The People's Bank of China announced the merging of the swap convenience and stock buyback loan tools, increasing the total available amount to 800 billion yuan, enhancing the flexibility and efficiency of these tools [6].