China think tank proposes $280 billion stock market stabilisation fund
A Chinese policy think tank has called for Beijing to issue 2 trillion yuan ($280 billion) of special treasury bonds to set up a stock market stabilisation fund, the 21st Century Business Herald reported on Wednesday.
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Xi Jinping wants a strong stock market and is doubling down on his efforts to build one. Whether the Chinese leader is a true convert to the religion of shareholder value, or simply wants to boost some $11 trillion of equities to stimulate the world's second-largest economy,
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China Think Tank Urges $281 Billion for Market Stabilization
China should issue 2 trillion yuan ($281 billion) of special government bonds to help create a market stabilization fund, according to a top government-linked think tank.
China’s stock market could enjoy ‘instant’ boost from 2 trillion yuan fund: think tank
China should issue 2 trillion yuan (US$280 billion) in special bonds to establish a stock market stabilisation fund, a government-affiliated research institute proposed on Tuesday, amid broader efforts by authorities to bolster the economy.
China’s Historic Stock Jump Unlikely to Find Support in Earnings
Investors counting on corporate results to give China’s stock rally a fresh leg up may have to look beyond the current ...
China c.bank conducts first operations under swap facility to bolster stock market
China central bank said it conducted its first swap operation involving securities, fund, and insurance companies for the ...
GM reports a $3 billion quarterly profit despite US sales drop, China losses and its stock surges
U.S. sales are down and a once-reliably profitable joint venture in China is losing money, but General Motors still managed ...
A Trump win will fuel a long-term buying opportunity in the Chinese market, stock chief says
Trump's track record shows that he is willing to negotiate with China, and is likely using tariffs as a bargaining chip, ...
China Market Update: Singles Day Pre Sales Start
Asian equities were mixed but mostly higher overnight as Japan and South Korea underperformed and Mainland China’s main ...
Stock market today: Wall Street pulls back from its records
U.S. stocks are pulling back from their all-time highs as some of the steam comes out of Wall Street’s long, record-breaking ...
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Moomoo Rolls Out HKEX & China A-Shares Stock Trading Feature
Moomoo Malaysia has officially announced that its Malaysian users may now trade in Hong Kong and China stocks thanks to the expansion to support trading ...
Evergrande says Shenzhen Stock Exchange imposes sanctions against unit, founder
Liquidators of China Evergrande on Tuesday said the Shenzhen Stock Exchange has published disciplinary actions against the ...