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 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.
China Market Update: China’s Social Security Fund Told To Buy Stocks
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Trump gave Beijing a one-day break before saying he could hit China with tariffs starting in February
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Yum China Announces Disclosure under Hong Kong Stock Exchange Rules in Relation to a Possible Quarterly Dividend
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On Monday, Hong Kong-listed growth stocks had a strong day, as the Hang Seng Index gained +1.75% and the Hang Seng Tech Index ...
Hong Kong Bourse Tipped To Extend Winning Streak
The Hong Kong stock market has finished higher in six straight sessions, rallying more than 1,230 points or 6 percent in that span.
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InnoCare, Keymed sell ex-China rights for bispecific to RTW-built biotech in $520M deal
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China's stock market remained flat with minor fluctuations following US President Trump's decision to delay tariff hikes on ...
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Hong Kong and Indonesia strengthen ties, expand megalopolis of the East
To promote business collaboration and bilateral cooperation between the Hong Kong Special Administrative Region (HKSAR) and ...
Hong Kong developer New World claims ‘business as usual’ amid default rumours
Residential sales in Hong Kong continue to improve, and mainland China sales are on track, embattled company says Embattled Hong Kong developer New World Development (NWD) said Thursday night that it ...