China prods insurers to invest billions in latest move to support markets
China announced plans on Thursday to channel hundreds of billions of yuan of investment from state-owned insurers into shares as part of the government's latest efforts to support a struggling stock market.
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.
China Guides Mutual Funds, Insurers to Increase Investments in Stocks
Tai Hui of JPMorgan Asset Management says China's initiative to get local mutual funds and insurers to increase stock investments is a longer term play to boost the equity market. "For these pension funds and insurance companies to do well,
China to guide billions of dollars of insurance money into stocks
China announced plans on Thursday to channel hundreds of billions of yuan annually into shares from state-owned insurers, in the authorities' 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 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 China's financial regulators are channelling pension and insurance funds into the nation's equities to establish medium and long-term holdings and stabilise Asia's largest capital market.
China Market Update: China’s Social Security Fund Told To Buy Stocks
Asian equities were higher, except for Hong Kong and Mainland China, which were off following President Trump’s 10% tariff ...
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China stocks edge up on Beijing's plan for insurers to buy mainland shares
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Trump gave Beijing a one-day break before saying he could hit China with tariffs starting in February
US President Donald Trump had threatened 60% tariffs on Chinese goods on his campaign trail.
China Market Update: Are China Stocks A Trump Trade?
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 ...
Stock market today: Asian shares are mixed after China rolls out market boosting measures
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