Chines equites leaping on all of the supportive new insurance policies

Chinese language authorities on pumping cash into shares from pension funds and many others, ICYMI:

• China to spice up long-term funds for fairness markets
• Chinese language official says 100s of bns of yuan to move into shares yearly from pensions

• China official says insurance coverage companies nonetheless have room to extend their market funding

Equities in China (mainland and Hong Kong) are up on the brand new insurance policies. They’ve had a tailwind from Wall Avenue in a single day additionally. Nikkei too,

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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