China has reaffirmed its stringent cryptocurrency stance while aggressively advancing its central bank digital currency, creating a stark contrast with the United States’ emerging crypto-friendly regulatory framework. As the U.S. passes the GENIUS Act to establish guidelines for dollar-pegged stablecoins, Chinese authorities warn these digital assets threaten global financial stability and monetary sovereignty, even as domestic research into stablecoins continues behind the scenes.
about China Reaffirms Crypto Crackdown, Expands Digital YuanWu Qing
0 posts last weekChina mandates funds to boost stock market investment amid economic slowdown
The Chinese government is mandating that pensions and mutual funds increase their investments in domestic stocks to stimulate the economy and boost consumer spending. Starting this year, mutual funds must raise their A-share holdings by at least 10% annually for three years, while commercial insurance funds are required to allocate 30% of new premiums to the stock market. Despite these efforts, past initiatives have struggled to shift market sentiment effectively.
about China mandates funds to boost stock market investment amid economic slowdownChina encourages state funds to invest in stocks amid market decline
China’s financial regulators are urging state-backed funds, including large insurance firms and mutual funds, to increase their stock purchases to stabilize the faltering market. A pilot program will direct at least 100 billion yuan into long-term stock investments, while mutual funds are mandated to raise their holdings in mainland-listed shares by 10% annually for three years. This initiative aims to lower market volatility and create a more stable trading environment, as the CSI 300 index shows signs of recovery following the announcements.
about China encourages state funds to invest in stocks amid market declineAsian markets mixed as China implements stock market boosting measures
Asian shares showed mixed results as China implemented measures to boost its stock markets, including requiring pension and mutual funds to increase share purchases. The Shanghai index rose 1%, while Japan’s Nikkei 225 gained 0.6%, driven by technology stocks like SoftBank, which surged 3.7%. In the U.S., major tech companies like Netflix and Oracle reported strong profits, lifting the S&P 500 by 0.6% despite rising Treasury yields.
about Asian markets mixed as China implements stock market boosting measuresAsian shares mixed as China implements market boosting measures
Asian shares showed mixed results as China implemented measures to boost its stock markets, including requiring pension and mutual funds to increase share purchases. The Shanghai index rose 1%, while Japan’s Nikkei gained 0.6%, driven by technology stocks, particularly SoftBank, which surged 3.7%. In contrast, Australia’s S&P/ASX 200 and South Korea’s Kospi fell by 0.6% and 0.8%, respectively. Meanwhile, U.S. tech stocks like Netflix and Oracle propelled Wall Street higher, despite rising Treasury yields impacting broader market performance.
about Asian shares mixed as China implements market boosting measuresChina directs pension and insurance funds into equities to boost market stability
China’s financial regulators are directing pension and insurance funds into equities to stabilize the capital market, with 30% of new insurance premiums allocated to yuan-denominated A shares. Pension fund allocations will increase by 10% annually over the next three years, aiming to invigorate a market struggling with economic challenges. Following the announcement, the CSI 300 index rose by 1.1% in early trading.
about China directs pension and insurance funds into equities to boost market stabilityChina Implements Measures to Support Stock Market Amid Economic Uncertainty
China has introduced measures to stabilize its stock markets, allowing pension funds to invest more in listed companies amid uncertainties from a potential second Trump presidency. The China Securities Regulatory Commission aims to boost long-term capital, encourage share buybacks, and facilitate institutional investments in equity-focused funds. Analysts view these steps as a long-term positive, though immediate impacts may be limited.
about China Implements Measures to Support Stock Market Amid Economic UncertaintyChina Implements Measures to Support Stock Market Stability
China has introduced measures to stabilize its stock markets, including increasing the investment capacity of pension funds in listed companies. The directive aims to “steady the stock market” and facilitate the influx of mid- to long-term capital. A briefing by key officials is scheduled for Thursday at 9:00 am.
about China Implements Measures to Support Stock Market Stability