China will allow an additional 60 billion yuan (US$8.3 billion) from long-term insurance funds to be invested in equities as part of an expanded pilot program aimed at deepening capital market participation. The move is part of Beijing’s broader efforts to shore up financial stability and revive confidence across key sectors.
Li Yunze, head of China’s top financial regulator, announced the measure at a press briefing, adding that authorities are also preparing new initiatives to stabilise the country’s troubled property sector.
The expanded insurance investment scheme is a key pillar of ongoing capital market reforms. Together with anticipated property measures, it reflects a wider policy shift to support economic resilience amid persistent growth and market pressures.
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China will help A-share listed companies affected by tariffs to cope with difficultiesChina promises more local stock market support from sovereign fund This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
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