China moves to boost languishing markets by ordering funds to invest more in shares
BANGKOK (AP) — The Chinese government plans to ensure that share prices will rise by ordering pensions and mutual funds to invest more in domestic stocks, to help jolt the markets out of the doldrums.
Stock market today: Asian shares are mixed after China rolls out market boosting measures
The partnership formed by Oracle, OpenAI and SoftBank is due to invest up to $500 billion. SoftBank's shares rose 3.7% on Thursday in Tokyo trading after jumping 11% the day before. Elsewhere in Asia, the S&P/ASX 200 in Australia fell 0.6% to 8,383.50, while the Kospi in Seoul lost 0.8% to 2,526.98.
China's Stock Market Revival Strategy: Boosting Investments
The Chinese government aims to boost domestic stock markets by ordering pensions and mutual funds to significantly increase their investment in domestic shares. This strategic move is expected to infuse hundreds of billions of yuan into the market over the next three years.
World shares are mixed after China rolls out market boosting measures
BANGKOK--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.
China: Chinese moves to attract long-term funds to stock market
Chinese financial authorities have introduced new measures aimed at promoting long-term investment in the stock market. Wu Qing, Chairman of the China Securities Regulatory Commission, emphasized that long-term funding will serve as a stabilizing force for China's equity 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 ...
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Stock market today: World shares are mixed after China rolls out market boosting measures
Asian shares are mixed after China rolled out more moves to boost its lagging stock markets. Hong Kong fell while Shanghai's ...
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Stock market today: Wall Street mixed in premarket as airlines drag and insurance companies rise
Wall Street was mixed in premarket trading on Thursday as major U.S. airlines stumbled and health insurance companies soared ...
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China’s central bank, securities regulator, pledge further support for stock buyback and repurchase program
and the China Securities Regulatory Commission (CSRC), according to a statement seen on the central bank's official website on Sunday. Xuan Changneng, vice governor of the central bank ...