Central Huijin, a unit of China’s US$1.2 trillion wealth fund, buys ETFs to boost stocks

Quick Summary:

The company says it will make more such investments in the future to resolutely’ maintain the stability of the capital market.

The latest buying comes more than a year after Central Huijin stepped in to the market in February last year.

The CSI 300 Index tumbled 7.1 per cent, while a key gauge on the tech-heavy Shenzhen exchange slumped 11 per cent.

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Article Details

Author / Journalist: Zhang Shidong

Category: Business

Markets: Hong KongChina

Topics: Monday Cent Reciprocal China’s Market Huijin Central Etfs Unit Investment Us$1

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-07 @ 16:00:30 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 192 words

Reading Time: 2 minutes read

Sentences: 7 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 27645847

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