China Ramps Up Support for Its Stock Markets
State-owned insurers and mutual funds are expected to play a pivotal role in the process of stabilizing the stock market.
Stock market today: Asian shares are mixed after China rolls out market boosting measures
Asian shares were mixed on Thursday after China rolled out more moves to try to boost its lagging stock markets by raising confidence that prices will rise. Officials in Beijing said pension funds and mutual funds would be required to increase purchases of shares,
China channels pension, insurance funds into nation’s A shares to anchor stock market
Starting this year, 30 per cent of the annual insurance premium earned from new coverage policies will be put into yuan-denominated A shares, said Wu Qing.
China Pumps Up Support for Country’s Stock Markets
State-owned insurers and mutual funds are expected to play a pivotal role in the process of stabilizing the stock market.
China Steps Up Stock Market Defense on Prospect of Higher Tariffs
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.
China directs pension, insurance funds into nation’s A shares to anchor stock market
Starting this year, 30 per cent of the annual insurance premium earned from new coverage policies will be put into yuan-denominated A shares, said Wu Qing.
Morning bid: China's shot in the arm for markets
A look at the day ahead in European and global markets from Rae Wee After drowning for days in headlines about Donald Trump's return to the White House, investors were delivered a bit of a diversion on Thursday with the announcement of new Chinese measures to boost its ailing stock market.
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Asia shares helped by China uplift, Trump's tariff plans hang in the air
By Rae Wee and Koh Gui Qing SINGAPORE/NEW YORK (Reuters) -Asia shares rose on Thursday, helped by a jump in their Chinese ...