The Chinese mainland's securities regulator announced on Tuesday a firm commitment to support Central Huijin Investment Ltd. in its efforts to increase holdings and expand its scale in the A-share market.
\"We will create more convenient conditions and smoother channels for its market operations,\" stated the China Securities Regulatory Commission (CSRC).
Currently, the valuation level of the A-share market is at a historically low point, highlighting its medium- and long-term investment value. This potential has been fully recognized by investment institutions, including Central Huijin, according to a CSRC spokesperson.
The CSRC plans to continue coordinating and guiding various institutional investors—such as public funds, private funds, securities companies, social security funds, insurance institutions, and annuity funds—to engage more vigorously in the market. Additionally, it will encourage and support listed companies to intensify their repurchase and holding activities, introduce more incremental funds into the A-share market, and ensure the stable operation of the market.
In a statement released on Tuesday, Central Huijin, a state-owned investment company, affirmed its recognition of the current market allocation value of A-shares and announced an increased investment scope in exchange-traded funds (ETFs).
Reference(s):
China's securities regulator backs increasing stock market investment
cgtn.com
