Authorities have directed major state-run insurance companies to increase investment in Chinese stocks, asking them to invest 30% of new insurance premiums in stocks starting this year, and asking listed companies to increase share buybacks.

Chinese authorities announce new stock market stabilization measures, Shanghai stocks rebound significantly but impact on exchange rate is limited –

Chinese authorities announce new stock market stabilization measures, Shanghai stocks rebound significantly but impact on exchange rate is limited –
Authorities have directed major state-run insurance companies to increase investment in Chinese stocks, asking them to invest 30% of new insurance premiums in stocks starting this year, and asking listed companies to increase share buybacks.

https://fx.minkabu.jp

*Automatic translation by Google Translate. Please check the link for accurate information.
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