The asset-backed special plan simply means that non-financial enterprises issue asset-backed bills in the interbank market by setting up special purpose trusts, and the cash flow generated by the basic assets is used as a securitization tool supported by income. For non-financial enterprises, the plan can reduce financing costs, adjust debt structure, and improve asset-liability management and capital operation efficiency.
It is good news that shareholders of listed companies agree to transfer and reduce their holdings, introduce strategic investors, and optimize the shareholder structure when the market is good and individual stocks are unilaterally rising, thus stimulating the stock price to continue to rise. If major shareholders increase their holdings at a high level, it is likely that major shareholders will attract investors' attention by increasing their holdings, induce retail investors to buy and facilitate their shipment, which is also bad news.