SHANGHAI (Reuters) - China's securities regulator approved the launch of 37 retail funds over the weekend, part of government efforts to revive a stock ...
STORY CONTINUES BELOW THESE SALTWIRE VIDEOSSHANGHAI - China's securities regulator approved the launch of 37 retail funds over the weekend, part of government efforts to revive a stock market struggling for lift-off in an ailing economy.
The newly-approved funds, which will guide fresh capital into the market, include 10 exchange-traded funds that track the small-cap CSI 2000 Index and seven tech-focused ETFs, according to the China Securities Regulatory Commission website. The CSRC has vowed to fast-track ETF approvals, and guide asset managers to lower management and trading fees, along with several other market-friendly measures.
China's leaders vowed late last month to boost investor confidence and reinvigorate the stock market - the world's second largest - which has been reeling as the post-pandemic recovery flags and a debt crisis in the property market deepens.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
China's 'aggressive behaviour' in South China Sea must be challengedMANILA (Reuters) - China's
Lire la suite »
Head of Japan coalition partner postpones China visit at China's requestTOKYO (Reuters) - The head of Japan's Komeito party, the junior partner in the coalition government, will postpone his planned visit to China at ...
Lire la suite »
Soccer-Sterling deserves 'full credit' for return to form(Reuters) - Chelsea manager Mauricio Pochettino heaped praise on Raheem Sterling and said the England forward deserved
Lire la suite »
Rugby-Australia get 'perfect' dress rehearsal against FrancePARIS (Reuters) - Struggling Australia have a
Lire la suite »