The two-way opening-up of index investment will be promoted steadily, according to the document. China will expand the institutional opening-up of index products, improve the exchange-traded fund (ETF) connectivity mechanism, and attract foreign capital to participate in China's A-share market through index investment.
CFP. China's capital market regulator pledged to step up efforts to propel cross-border investment and financing, increase the appeal
Foreign financial institutions expanding their operations in China (Voice_over) China has announced additional measures to encourage foreign investment into the country including policies to improve international companies' foreign currency fund pool operations.
Starting this year, 30 per cent of the annual insurance premium from new policies will be put into yuan-denominated A shares, regulator Wu Qing said.
Starting this year, major Chinese state-owned insurance companies will "strive to" invest 30% of their new premium income in mainland-listed stocks, Wu Qing, chairman of the China Securities Regulatory Commission, told reporters. He said this should pump "hundreds of billions of yuan of new long-term funds" into the stock market.
Mutual funds and State-owned insurance companies will increase their holdings in the A-share market starting this year, said Wu Qing, chairman of the China Securities Regulatory Commission.
China will implement the second phase of a pilot program aimed at facilitating insurance funds making long-term stock investments in the first half of 2025, with a program size of no less than 100 billion yuan ($13.7 billion), said Wu Qing, chairman of the China Securities Regulatory Commission.
China rolled out a basket of measures to stabilize its stock markets, including plans to boost the amount pension can invest in the nation’s listed companies, as it combats uncertainty in a second Donald Trump presidency.
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 on Thursday detailed measures to encourage state-owned funds and insurers to buy more shares, aimed at stabilizing the struggling stock market at a time when U.S. President Donald Trump is preparing to announce tariffs on Chinese imports.
Citadel has been participating in China’s so-called A-share market from Hong Kong, where it trades cash equities, futures, options and exchange-traded funds. It has an office in Shanghai with a small team supporting the firm’s offshore China business.
China announced plans on Thursday to channel hundreds of billions of yuan of investment from state-owned insurers into shares as part of the government's latest efforts to support a struggling stock market.