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.
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 moves to boost languishing markets by ordering funds to invest more in shares
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
China Stock Market May Halt Its Slide On Thursday
The China stock market has tracked lower in consecutive trading days, surrendering more than 30 points or 1 percent along the way.
China Steps Up Support for Country’s Stock Markets
State-owned insurers and mutual funds are expected to play a pivotal role in the process, the China Securities Regulatory Commission and the Ministry of Finance said in a press briefing.
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.
Rebound Anticipated For China Stock Market
The China stock market on Tuesday wrote a finish to the three-day winning streak in which it had collected more than 15 points or 0.5
China urges state-backed funds to buy more stocks amid market slump, falling bond yields
China's financial regulators on Thursday unveiled a slew of measures to urge large state-owned mutual funds and insurers to purchase more A-shares.
Market Says 'Meh' to China's Latest Effort to Shore Up Stocks
Beijing is seeing diminishing returns on repeated attempts to reinvigorate the market, as investors worry about harder-to-control economic fundamentals, like weak consumer spending and the prolonged property crunch.
China unveils plan to encourage insurance funds into stock markets
China said on Wednesday it will guide big state insurers and commercial insurance funds to increase investments in the A-share market, in a latest move to boost its lagging stock market.
China Market Update: Like A Good Neighbor, Chinese Insurance Companies Are There To Buy Stocks
Asian equities were mixed overnight as Hong Kong, Mainland China, Thailand, and South Korea all underperformed while Taiwan was closed.
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By Rae Wee and Koh Gui Qing SINGAPORE/NEW YORK (Reuters) -Asia shares rose on Thursday, helped by a jump in their Chinese ...