China unveils plan to encourage insurance funds into stock markets
China said on Wednesday it will guide big state insurers and commercial insurance funds to increase investments in the A-share market, in a latest move to boost its lagging stock market. Under a plan jointly released by six financial regulators including the securities regulator, big state-owned insurance companies will be directed to raise both the size and proportion of their investments in Chinese stocks listed on the mainland and equity funds. The regulators will implement a long-term performance evaluation for state-owned insurance companies, with the annual return on equity weighted no more than 30% of the evaluation, and at least 60% for a longer three-to-five-year cycle.
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While continued demand and investment from private and public sectors is driving cobalt production, geopolitical tensions and oversupply pose long-term market risks.
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(Bloomberg) -- China rolled out a basket of measures to stabilize its stock markets, including plans to boost the amount pension can invest in the nation’s listed companies, as it combats uncertainty in a second Donald Trump presidency.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersHow Sanctuary Cities Are Preparing for Another Showdown With TrumpDonations to LA Fire Victims Rise Past $200 Million MarkNY’s Hochul Calls for Law Banning Cell Phone Use in
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Read More34% of mid-market CFOs want to leave their job in 2025: study
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Read MoreIndian Stock Exodus Balloons to $5 Billion on Downbeat Profits
(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersHow Sanctuary Cities Are Preparing for Another Showdown With TrumpDonations to LA Fire Victims Rise Past $200 Million MarkNY’s Hochul Calls for Law Banning Cell Phone Use in SchoolsLA Schools Wrecked by Fires Plead on GoFundMe for Help to ReopenStocks in
Read More3 Reasons to Avoid HEES and 1 Stock to Buy Instead
What a fantastic six months it’s been for H&E Equipment Services. Shares of the company have skyrocketed 68.9%, hitting $89.72. This performance may have investors wondering how to approach the situation.
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The past six months have been a windfall for Hanesbrands’s shareholders. The company’s stock price has jumped 58.1%, hitting $8.33 per share. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
Read More3 Reasons KO is Risky and 1 Stock to Buy Instead
Coca-Cola has been treading water for the past six months, recording a small loss of 3.5% while holding steady at $62.50. The stock also fell short of the S&P 500’s 9.1% gain during that period.
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