Stock market today: Asian shares are mixed after China rolls out market boosting measures
The partnership formed by Oracle, OpenAI and SoftBank is due to invest up to $500 billion. SoftBank's shares rose 3.7% on Thursday in Tokyo trading after jumping 11% the day before. Elsewhere in Asia, the S&P/ASX 200 in Australia fell 0.6% to 8,383.50, while the Kospi in Seoul lost 0.8% to 2,526.98.
China moves to boost languishing markets by ordering funds to invest more in shares
The Chinese government is trying to encourage people to spend more by ensuring that share prices will rise, ordering pensions and mutual funds to invest more in domestic stock markets
China Guides Mutual Funds, Insurers to Invest More in Stocks
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's Stock Market Revival Strategy: Boosting Investments
The Chinese government aims to boost domestic stock markets by ordering pensions and mutual funds to significantly increase their investment in domestic shares. This strategic move is expected to infuse hundreds of billions of yuan into the market over the next three years.
China: Chinese moves to attract long-term funds to stock market
Chinese financial authorities have introduced new measures aimed at promoting long-term investment in the stock market. Wu Qing, Chairman of the China Securities Regulatory Commission, emphasized that long-term funding will serve as a stabilizing force for China's equity market.
China Internet Information Center11d
China's securities regulator vows "all-out efforts" to maintain market stability
BEIJING, Jan. 13 (Xinhua) -- The China Securities Regulatory Commission (CSRC) said Monday that it will make every effort to sustain the stable recovery of the securities market, as it ...
Reuters10d
Exclusive: China to cut pay by half for staff at top financial regulators, sources say
and China Securities Regulatory Commission (CSRC) will see total income slashed by about half, said four sources. The sources, who have knowledge of the matter, declined to be identified due ...
Yahoo Finance10d
China Securities Regulator Vows Efforts to Stabilize Market
The China Securities Regulatory Commission said stability is top of its agenda in 2025 as it pledged to make every effort to induce and maintain the market’s stabilizing and positive momentum ...
The Goshen News1d
Stock market today: World shares are mixed after China rolls out market boosting measures
Asian shares are mixed after China rolled out more moves to boost its lagging stock markets. Hong Kong fell while Shanghai's ...