China rolled out a basket of measures to stabilize its stock markets, including plans to boost the amount pension can invest in the nation’s listed companies, as it combats uncertainty in a second Donald Trump presidency.
The central government issued a directive to “steady the stock market, and clear bottlenecks for the introduction of mid-long term capital,” according to a notice posted by the China Securities Regulatory Commission on Wednesday. CSRC Chairman Wu Qing, Deputy Finance Minister Liao Min and central bank official Zou Lan will hold a briefing at 9:00 am on Thursday.