BEIJING -- China's public offering fund sector has maintained a stable development trend in recent years, with further measures set to boost the development of this sector in 2025, an official said at a press conference on Thursday.

Chinese stocks saw an early trading surge following Beijing's initiative encouraging insurance funds to invest in mainland shares. The new plan, backed by six financial regulators, is set to introduce billions in capital annually,

China announced plans on Thursday to channel hundreds of billions of yuan annually into shares from state-owned insurers, in the country's latest

China announced plans on Thursday (Jan 23) to channel hundreds of billions of yuan annually into shares from state-owned insurers, in the government’s latest effort to support equity markets. Read more at The Business Times.

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.

U.S. President Donald Trump on Thursday accused the CEOs of Bank of America and JPMorgan Chase of not providing banking services to conservatives, echoing Republican complaints about the industry.

Authorities’ request for state-owned insurance companies and mutual funds to invest more in stocks got a lackluster market reaction.

Chinese shares ended higher, supported by the country's securities regulator's pledge to stabilize the market. The China Securities Regulatory Commission Monday said it will work with the PBOC to enha

Starting this year, 30 per cent of the annual insurance premium earned from new coverage policies will be put into yuan-denominated A shares, said Wu Qing.

Beijing plans to channel hundreds of billions of yuan per year from state-owned insurers' funds into the stock market, including at least 100 billion yuan ($13.75 billion) in the first half of this year, according to China Securities Regulatory Commission head Wu Qing.

BANGKOK (AP) — The Chinese government plans to ensure that share prices will rise by ordering pensions and mutual funds to invest more in domestic stocks, to help jolt the markets out of the doldrums.