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.
China calls on state funds, insurers to buy more stocks to aid market stability
China on Thursday detailed measures to encourage state-owned funds and insurers to buy more shares, aimed at stabilizing the struggling stock market at a time when U.S. President Donald Trump is preparing to announce tariffs on Chinese imports.
World shares are mixed after China rolls out more market boosting measures
World 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.
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 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 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 channels pension, insurance funds into nation’s A shares to anchor stock market
Starting this year, 30 per cent of the annual insurance premium from new policies will be put into yuan-denominated A shares, regulator Wu Qing said.
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 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 funds to stabilise stock market amid Trump tariff threats
Investments from the National Social Security Fund, mutual funds and other sources will be increased to boost the stock market, regulators say.
Channel NewsAsia Singapore1h
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 ...
Apple Stock May Fall As China iPhone Sales Plunge
In China, Apple’s second largest market, iPhone sales fell 18% in the December ending quarter, according to Bloomberg.
China Shares Likely To Open To The Upside On Friday
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 ...
Morning Bid: China’s shot in the arm for markets
Indonesia's parliament proposed on Thursday to revise the country's mining law to help the government accelerate development ...
Trump's America First Trade Policy: US-China 2020 import deal is again under scrutiny
The possibility of new tariffs on China, and even the cancellation of its preferential trade status with the US, will come under the microscope of President Donald Trump's two-day-old "America First ...