China's Central Bank Pledges Support for Sovereign Fund, Maintain Capital Market Stability

Galin Thao

4/8/2025 2:54:35 PM

The People's Bank of China said it "firmly supports" sovereign fund Central Huijin Investment in increasing its holdings of stock market index funds, according to a Monday news release.

The central bank said it will provide sufficient re-lending support to Central Huijin Investment as needed and safeguard the stability of the capital market.

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