Major plan aims to ensure stable A-share market

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CHINA has launched a multiyear plan to ensure a continuous inflow of additional long-term funds into the A-share market, with the aim of providing direct support for the steady performance of the world's second-largest stock market, officials said on Thursday.

Yang Haiping, a distinguished research fellow at the Beijing Wealth Management Industry Association, said that compared with some of the previous market stabilization measures, the new plan directly targets the funding side, making it more precise and likely to have an impact.

"A swift implementation of the plan is poised to bring funds into the market quickly, preventing further market adjustments," said Feng Jianlin, chief economist at Beijing FOST Economic Consulting.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChinaSingapore

Topics: /Business/Business News Inflow A-share Stock market Markets

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-24 @ 14:22:00 (8 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 764 words

Reading Time: 5 minutes read

Sentences: 26 lines

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Copyright Owner: © The Star

News ID: 25393262

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