China's A-share market surged for two consecutive days this week, fueled by bold regulatory moves to stabilize investor confidence. The Shanghai Composite Index rose 1.44%, while the Shenzhen Component Index jumped nearly 3%—signaling a tech sector boost 🚀.
Big Players Join the Game
State-backed investment giant Central Huijin expanded its ETF investments, calling A-shares 'undervalued.' The China Securities Regulatory Commission (CSRC) doubled down, urging funds, insurers, and pension managers to \"enter the market more vigorously\" 💼.
Cracking Down on Short-Selling
CSRC suspended new securities lending to curb speculation, with outstanding loans already down 24%. \"No room for illegal arbitrage,\" regulators warned, vowing stricter oversight 🔍.
Mergers & Startups Take Center Stage
To spur growth, CSRC fast-tracked approvals for industry leaders acquiring startups. Think: streamlined deals for tech unicorns 🦄 and green energy innovators 🌱.
Investors Win Bigger Returns
Listed firms are pushed to prioritize dividends and buybacks. \"Talk to your shareholders,\" CSRC advised, urging transparency to rebuild trust 🤝.
With fresh policies and $ pouring in, China's markets aim for stability—and global investors are watching 👀.
Reference(s):
cgtn.com