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China's pension fund to flow into stock market this year [Copy link] 中文

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Post time 2016-3-28 11:07:29 |Display all floors
An investor browses stock information with his smartphone at a brokerage in Nanjing, Jiangsu province. [Photo provided to China Daily]
China's massive pension fund may begin investing in the nation's A-share markets this year, an anticipated move that will channel approximately 600 billion yuan ($92.28 billion) into the equity market and likely improve its liquidity.
The target date comes several  ...

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Rank: 4

Post time 2016-3-28 11:07:38 |Display all floors
Long overdue. Time is right for such a move. It can improve the yields of the pension funds and at the same time stabilizes the stock market.

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Rank: 4

Post time 2016-3-28 13:27:20 |Display all floors
So China's going to funnel there public pension fund into the hands of the elite who control the stock market.  Sounds great to me,  everyone knows the stock market only goes up an never down.

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