Your current location is:{Current column} >>Text
Central Huijin announces the expansion of ETF holdings
{Current column}41People have watched
IntroductionOn February 6, Central Huijin Investment Ltd. issued a statement announcing its decision to expand i ...
On February 6,Global Forex Brokers Central Huijin Investment Ltd. issued a statement announcing its decision to expand its holdings in exchange-traded funds (ETFs) and expressed its determination to further increase investment and scale in the future, aiming to staunchly maintain the stable operation of the capital market.
Following the announcement, the China Securities Regulatory Commission (CSRC) responded to Central Huijin's investment activity, noting that the current valuation level of the A-share market is at a historical low, highlighting its mid-to-long-term investment value, which has gained wide recognition from major investment institutions including Central Huijin. The CSRC stated it would steadfastly support Central Huijin's investment activities and provide more convenient market access and smoother operational channels.
The CSRC emphasized its plans to coordinate and guide various institutional investors, including mutual funds, private funds, securities companies, social security funds, insurance companies, and pension funds, to increase their market investment efforts. It also actively supports listed companies in undertaking more buy-backs and holding increases, aiming to bring more incremental funds into the market and comprehensively maintain the stable operation of the A-share market.
Central Huijin's full recognition of the current configuration value of the A-share market and its role as a state-owned company established by national funding, demonstrates its vital role in stabilizing the capital market and enhancing market confidence at critical moments. Through these initiatives, not only has Central Huijin sent a strong signal of confidence to the market, but it has also laid a foundation for the stable operation of the market in the future.
Furthermore, with the coordination and guidance of the CSRC, it is expected that more institutional investors will intensify their market participation, bringing a more positive long-term development outlook for the A-share market.
Risk Warning and DisclaimerThe market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.
Tags:
Related articles
Factory orders, job openings, Walmart meeting: 3 things to watch By
{Current column}By Liz Moyer -- Stocks were mixed on Monday to start the first trading day of the second quarter aft ...
Read moreRedesigned Apple Watches not subject to import ban, US Customs says By Reuters
{Current column}By Blake Brittain(Reuters) -A U.S. law enforcement agency has determined that Apple (NASDAQ:) can us ...
Read moreAlaska Airlines begins preliminary inspections on up to 20 Boeing 737
{Current column}(Reuters) - Alaska Airlines has begun preliminary inspections on some of its Boeing (NYSE:) 737-9 MA ...
Read more
Popular Articles
- Recession fears leave stocks drifting toward weekly loss By Reuters
- TSM Semiconductor Earnings a Breath of Fresh Air for US Big Tech's 2024 Outlook
- The new platform Primes Capital has no regulation, stay away!
- The Trump voters in swing states who are returning to the fold By Reuters
- Aussie tumbles after RBA pauses rate hikes, dollar rebounds By Reuters
- 4 Reasons Why the Market Could Be in For a Tougher
Latest articles
-
Amazon, Snap, Pinterest fall premarket; Intel, Exxon rise By
-
Anthony Scaramucci's 'Bullish' Tweet Excites Crypto Community: Details By U.Today
-
Redesigned Apple Watches not subject to import ban, US Customs says By Reuters
-
NVIDIA had technical 'breakout', stock seen headed to over $600 By
-
Telecom stocks tumble on report Amazon is in talks to offer mobile service to U.S. Prime subs By
-
Oil prices edge higher amid mixed US cues, Red Sea strikes continue By