SHANGHAI — China may allow pension funds to invest up to 30% of their assets in the local stock market, the state-run Securities Times reported Tuesday, citing an unnamed person. That could total as much as CNY580 billion. (more here…) Related items Asian stocks mostly lower as early losses trimmed Asian stocks mostly lower,...
Hong Kong and China shares were weaker today, with Chinese banks among the top drags after an expected reserve ratio requirement cut by Beijing over the week-long Lunar New Year holiday failed to materialise. (more here…) Related items China may let local pension funds invest in stocks Losses May Accelerate For Shanghai Stocks Eastday-Shanghai...
SHANGHAI — China could allow pension funds currently managed by local governments to invest in the country's stock market step by step, the state-run Shanghai Securities News reported Wednesday, citing National Council for Social Security Fund President Dai Xianglong. (more here…) Related items Chinese stock market lower on Financials Losses May Accelerate For Shanghai...
SHANGHAI’S stock market did not perform well last year, but the city’s foreign exchange and gold transactions were very active. (read more…) Related items Former F1 driver Sutil convicted for fight Microblogging use in China quadrupled in 2011: think tank Inventec assigns new president for PC business Wolters Kluwer Financial Services Continues Global Expansion...
Global stock markets were mixed Friday on 2011′s last trading day and turned in heavy losses for the year after Europe’s debt crisis and natural disasters battered a struggling global economy. Japan’s benchmark hit its lowest close in 29 years. (more here…) People who looked at this item also looked at… Hong Kong Shares...
Asian stock markets strengthened Friday on the last day of trading for 2011, following a brisk session on Wall Street, but the uptick could not blunt the effects of a grueling year in which investors booked sharp losses. (more here…) People who looked at this item also looked at… Asia Markets: Japan, China stocks...
