China's financial regulators on Thursday unveiled a slew of measures to urge large state-owned mutual funds and insurers to purchase more A-shares.
BEIJING -- China's public offering fund sector has maintained a stable development trend in recent years, with further measures set to boost the development of this sector in 2025, an official said at a press conference on Thursday.
BEIJING, Jan. 13 (Xinhua) -- The China Securities Regulatory Commission (CSRC) said Monday that it will make every effort to sustain the stable recovery of the securities market, as it outlined key priorities for 2025.
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 is set to slash pay for staff at its top three financial regulators, including the central bank, by about half, as part of a regulatory revamp unveiled in 2023 to bring their salaries in line with other civil servants,
U.S. President Donald Trump on Thursday accused the CEOs of Bank of America and JPMorgan Chase of not providing banking services to conservatives, echoing Republican complaints about the industry.
The China Securities Regulatory Commission said stability is top of its agenda in ... The formation of a possible state-backed stabilisation fund was among the items in Beijing’s broad stimulus package unveiled in late September to revive the economy ...
Chinese shares ended higher, supported by the country's securities regulator's pledge to stabilize the market. The China Securities Regulatory Commission Monday said it will work with the PBOC to enha
China announced plans on Thursday to channel hundreds of billions of yuan annually into shares from state-owned insurers, in the country's latest
China rolled out a basket of measures to stabilize its stock markets, including plans to boost the amount pension can invest in the nation’s listed companies, as it combats uncertainty in a second Donald Trump presidency.
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. Starting this year,
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.