Stock market today: Asian 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 and Shanghai rose but then shed some of their initial gains early Thursday. Officials in Beijing said pension funds and mutual funds would be required to increase purchases of shares,
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.
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.
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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 ...
Nikkei Asia2d
China aims to drive billions from state insurers into mainland stocks
chairman of the China Securities Regulatory Commission, told reporters. He said this should pump "hundreds of billions of yuan of new long-term funds" into the stock market.
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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 ...
Thailand to lose $29 million from China's syrup import ban, industry group says
Thai businesses are expected to incur up to 1 billion baht ($29.5 million) in losses from China's ban on sugar syrup and ...
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PBOC lending facility helps stabilize mkt
The decision was reached during a recent symposium jointly held by the PBOC and the China Securities Regulatory Commission, the country's top securities watchdog. The central bank tool was ...