China unveils plan to channel hundreds of billions of yuan from insurance funds into stock market
China has announced plans to channel hundreds of billions of yuan annually from state-owned insurers into shares. Led by the chief of the China Securities Regulatory Commission, officials from five government departments joined hands to map out the latest action plan to support a struggling stock market.
The China stock market on Thursday halted the two-day slide in which it had slumped more than 30 points or 1 percent. The Shanghai ...
State-owned insurers and mutual funds are expected to play a pivotal role in the process of stabilizing the stock market.
Asian shares were mixed on Thursday after China rolled out more moves to try to boost its lagging stock markets by raising ...
Asian equities were mixed overnight as Hong Kong, Mainland China, Thailand, and South Korea all underperformed while Taiwan was closed.
State-owned insurers and mutual funds are expected to play a pivotal role in the process, the China Securities Regulatory ...
Asia-Pacific markets trade mixed on Thursday as investors continued to weigh U.S. President Donald Trump's recent trade ...
In China, Apple’s second largest market, iPhone sales fell 18% in the December ending quarter, according to Bloomberg.
China is acting to shore up its financial markets in the new era of Donald Trump. Regulators instructed mutual funds and state-owned insurers to boost holdings in the nation’s stocks.
The Chinese government is trying to encourage people to spend more by ensuring that share prices will rise, ordering pensions and mutual funds to invest more in domestic stock markets ...
Apple faced two downgrades ahead of earnings, with analysts citing weak iPhone demand. China continues to be a headwind for ...
President Donald Trump's boost to AI demand hopes is outweighing fresh tariff threats on China and the EU, as earnings season ...
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