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.
Stock market today: Asian shares are mixed after China rolls out market boosting measures
Asian 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. Officials in Beijing said pension funds and mutual funds would be required to increase purchases of shares,
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.
World shares are mixed after China rolls out more market boosting measures
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 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 threat, which prompted profit-taking after six days of gains.
China directs funds to stabilise stock market amid Trump tariff threats
Investments from the National Social Security Fund, mutual funds and other sources will be increased to boost the stock market, regulators say.
Stock market today: 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. Germany’s DAX gained 0.2% to 21,300 and the CAC 40 in Paris edged 0.1% higher to 7,847.38. Britain’s FTSE 100 slipped less than 0.1% to 8,539.88.
China unveils plan to encourage insurance funds into stock markets
China said on Wednesday it will guide big state insurers and commercial insurance funds to increase investments in the A-share market, in a latest move to boost its lagging stock market.
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 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
Market Says 'Meh' to China's Latest Effort to Shore Up Stocks
Beijing is seeing diminishing returns on repeated attempts to reinvigorate the market, as investors worry about harder-to-control economic fundamentals, like weak consumer spending and the prolonged property crunch.
Apple Stock May Fall As China iPhone Sales Plunge
In China, Apple’s second largest market, iPhone sales fell 18% in the December ending quarter, according to Bloomberg.
Stock market today: Nasdaq jumps, S&P 500 nears record as Netflix, 'Stargate' AI project invigorate tech
President Donald Trump's boost to AI demand hopes is outweighing fresh tariff threats on China and the EU, as earnings season ...
Morning Bid: China’s shot in the arm for markets
Indonesia's parliament proposed on Thursday to revise the country's mining law to help the government accelerate development ...
Massive Growing Market, And Why Hello Group Is A Buy
Hello Group has strong EBITDA and net income margins despite recent revenue declines. Read what makes MOMO stock a compelling ...
Trump's America First Trade Policy: US-China 2020 import deal is again under scrutiny
The possibility of new tariffs on China, and even the cancellation of its preferential trade status with the US, will come under the microscope of President Donald Trump's two-day-old "America First ...