Reported 1 day ago
China has introduced new measures to enhance index investment products as part of its strategy to revitalise the struggling equity market amid challenging external economic conditions. The China Securities Regulatory Commission aims to increase the scale of index investments, attract foreign capital to the A-share market, and reduce costs for index funds. These efforts come as Chinese shares face pressure from economic slowdown concerns and trade tensions, prompting the government to guide mutual funds and insurers to increase stock purchases.
Source: YAHOO