Pacific stock-backed repo trading business approved

Pacific (market, consultation) securities Bulletin said that the company recently received the Shanghai Stock exchange of the Pacific Securities Co., Ltd. shares pledged the right to deal with the rights of the notice and SSE "on the approval of the Pacific Securities Open shares pledge repurchase trading authority notice." According to the above notice, Pacific Securities has been approved to open the stock pledge repurchase business transaction authority, can carry out the stock pledge type repurchase transaction business, the initial business scale is 2 billion yuan. Financial profit, current savings rate 1000% The Pacific said, the company will strictly according to the exchange and other relevant departments, compliance, orderly implementation of the stock pledge repurchase trading business.