Chinese exchanges ask big fund managers to restrict stock selling, sources say

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The Star 1d ago

Chinese exchanges ask big fund managers to restrict stock selling, sources say - The Star

Quick Summary:

HONG KONG: China's main stock exchanges asked some large mutual funds to restrict stock selling at the start of the year, three sources familiar with the matter said, as authorities sought to calm markets heading into a tricky period for the world's second-largest economy.

The Shanghai and Shenzhen stock exchanges did not immediately respond to a Reuters request for comment.

The annual Central Economic Work Conference in December highlighted stabilising stock and property markets as the main priority in 2025.