China pushes insurers to invest billions in latest move to support market
China announced plans on Thursday to channel hundreds of billions of yuan annually into shares from state-owned insurers, in the government's latest effort to support equity markets. Authorities will in the first half of this year call on insurers to invest at least 100 billion yuan ($13.
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 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.
China Guides Mutual Funds, Insurers to Invest More in Stocks
China is guiding local mutual funds and insurers to boost their stock purchases in the government’s latest initiative to shore up its ailing equity market as it confronts the threat of higher tariffs.
China pushes insurers to buy stocks
Equities rally as authorities set explicit investment targets for mutual funds and state-owned insurance companies
China Boosts Stock Market with Major Investments and Policy Support
China has announced plans to inject hundreds of billions of yuan into its equity markets annually, aiming to bolster investor confidence. In the first half of the year, state-owned insurers will invest at least 100
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The blue-chip CSI300 index was up 0.2% and the Shanghai Composite Index climbed 0.5% at the close, giving up most of its early gains ...