China pushes insurers to invest billions in latest move to support market
China announced plans on Thursday to channel hundreds of billions of yuan annually into shares from state-owned insurers, in the government's 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 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
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 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.
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 shore up its ailing equity market as it confronts the threat of higher tariffs.
China pushes insurers to buy stocks
Equities rally as authorities set explicit investment targets for mutual funds and state-owned insurance companies
China Market Update: Like A Good Neighbor, Chinese Insurance Companies Are There To Buy Stocks
Asian equities were mixed overnight as Hong Kong, Mainland China, Thailand, and South Korea all underperformed while Taiwan was closed.
Hong Kong developer New World claims ‘business as usual’ amid default rumours
Residential sales in Hong Kong continue to improve, and mainland China sales are on track, embattled company says Embattled Hong Kong developer New World Development (NWD) said Thursday night that it ...
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Yum China Announces Disclosure under Hong Kong Stock Exchange Rules in Relation to a Possible Quarterly Dividend
The Company makes available through the Investor Relations section of its internet website at http://ir.yumchina.com its filings with the HKEX as soon as reasonably practicable after electronically ...
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 ...
China’s Zijin Mining vies with Glencore after record year for profits
Zijin Mining Group racked up record annual profit after a growth burst that made the Chinese firm as big as global ...
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.
Reuters on MSN10d
China's Battery Giant CATL Hires Banks for First-Half Hong Kong Float, Sources Say
HONG KONG (Reuters) - Chinese battery giant CATL has hired banks, including JPMorgan and Bank of America, to work on a Hong ...
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Hong Kong unveils 10 most significant govt policies in 2024
HONG KONG -- The historic legislation for Basic Law Article 23, aimed at safeguarding national security and ensuring Hong Kong's stability and development, has topped a list of the ten most ...
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China Stocks Steady Amidst US Tariff Decision
China's stock market remained flat with minor fluctuations following US President Trump's decision to delay tariff hikes on ...
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InnoCare, Keymed sell ex-China rights for bispecific to RTW-built biotech in $520M deal
U.S.-based Prolium Biosciences has now agreed to pay InnoCare and Keymed $17.5 million in upfront and near-term payments to ...
Hong Kong Bourse Tipped To Extend Winning Streak
The Hong Kong stock market has finished higher in six straight sessions, rallying more than 1,230 points or 6 percent in that span.