The Chinese Academy of Social Sciences' Institute of Finance...

Earnings flood from China's stocks: Is a turnaround on the horizon?

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Spinee joined discussion · Oct 24 03:15

The Chinese Academy of Social Sciences' Institute of Finance has proposed issuing 2 trillion yuan in special government bonds to establish a stock market stabilization fund.
This fund would aim to promote market stability by buying blue-chip stocks and ETFs at low prices and selling them at higher prices, thereby helping to balance the market.

$BANK OF CHINA (03988.HK)$ $Bank Of China (601988.SH)$ $HKEX (00388.HK)$ $SSE Composite Index (800146.HK)$ $Shenzhen Component Index (399001.SZ)$ $BABA-W (09988.HK)$ $TENCENT (00700.HK)$

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