0 Comment(s)
Print
E-mail China.org.cn, October 18, 2024
Economic Daily:
Recently, Central Huijin Investment Ltd. has significantly increased its holdings of ETFs. What does the CSRC think about this? Thank you.
Wu Qing:
Thank you for your question. The capital market is highly transparent. As we've all seen, Central Huijin Investment Ltd. has been steadily increasing its holdings of ETFs, fully reflecting state investment institutions' strong confidence in the investment value of the A-share market. This has played an important role in stabilizing the market and boosting confidence. We've noticed that many domestic and foreign investment institutions and research firms also believe that the A-share market is currently undervalued, highlighting its investment value. The CSRC will work with relevant parties to further support Central Huijin Investment Ltd.'s efforts to increase its holdings and expand its investment scope, promoting investment in the stock market by various medium- and long-term funds, including Central Huijin. Just now, Mr. Li also talked about the relevant arrangements to support the entry of insurance companies into the market. We will also actively support all types of funds, including insurance funds, to increase their market participation and provide a better policy environment. We'll further strengthen our strategic reserves and work together to promote the steady, healthy development of the capital market. Thank you.
Go to Forum >>0 Comment(s)