CSRC to support markets, insurers to invest CNY 100B

On Thursday, the China Securities Regulatory Commission (CSRC) increased efforts to support the nation's struggling equity markets, unveiling measures to inject capital and expecting insurers to invest at least CNY 100 billion in long-term funds into stocks during the first half of 2025.

CSRC to support markets, insurers to invest CNY 100B

CSRC Chairman Wu Qing announced that state-owned and commercial insurers will be encouraged to allocate 30% of their annual new premiums to A-shares. Mutual funds will also be urged to increase their A-share holdings by at least 10% annually over the next three years. The strategy includes initiatives to help mutual funds grow equity portfolios, reduce sales fees, and promote exchange-traded fund products. Additionally, on Wednesday, China launched measures to expand the proportion of pension funds invested in Chinese-listed companies.

Chinese stocks weaken on economic policy fears

In recent months, Chinese stocks have faced pressure due to concerns about a slow economic recovery and potential policy shifts under the Trump administration.