BEIJING -- China's financial regulatory authority has approved the launch of the second batch of pilot programs for long-term stock investments, with a scale of 52 billion yuan ($7.25 billion).

China is set to slash pay for staff at its top three financial regulators, including the central bank, by about half, as part of a regulatory revamp unveiled in 2023 to bring their salaries in line with other civil servants,

CFP. China's capital market regulator pledged to step up efforts to propel cross-border investment and financing, increase the appeal

Starting this year, 30 per cent of the annual insurance premium from new policies will be put into yuan-denominated A shares, regulator Wu Qing said.

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.

Starting this year, major Chinese state-owned insurance companies will "strive to" invest 30% of their new premium income in mainland-listed stocks, Wu Qing, chairman of the China Securities Regulatory Commission, told reporters. He said this should pump "hundreds of billions of yuan of new long-term funds" into the stock market.

Chinese shares ended higher, supported by the country's securities regulator's pledge to stabilize the market. The China Securities Regulatory Commission Monday said it will work with the PBOC to enha

BEIJING -- China's public offering fund sector has maintained a stable development trend in recent years, with further measures set to boost the development of this sector in 2025, an official said at a press conference on Thursday.

China will implement the second phase of a pilot program aimed at facilitating insurance funds making long-term stock investments in the first half of 2025, with a program size of no less than 100 billion yuan ($13.7 billion), said Wu Qing, chairman of the China Securities Regulatory Commission.

The China Securities Regulatory Commission, the country's top securities watchdog, said at a work conference on Monday that it will step up joint monitoring and supervision of the country's stock, exchange-traded and over-the-counter markets, as well as the futures and spot markets.

The government aims to achieve a significant increase in the scale and proportion of index investment in the capital market through efforts over a period of time