China basic pension fund posts 0.33% investment gain in 2022

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 66%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

SHANGHAI : The basic pension fund managed by China's social security fund gained 5.1 billion yuan, or 0.33 per cent in 2022, down from a 4.9 per cent gain in 2021, the National Council for Social Security Fund said on Saturday.

A view of the city skyline, ahead of the annual National People's Congress , in Shanghai, China February 24, 2022. REUTERS/Aly Song/File Photo

China's stock benchmark CSI 300 lost 21.6 per cent in 2022 and so far this year is down 7.4 per cent.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China fund houses rush to buy own products, call market bottomSHANGHAI : China's mutual fund companies are rushing to buy their own stock products - a signal that could stabilise sliding markets amid strong outflows and a sluggish turn in the economy.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

China industry minister: industrial economy stabilises, NEV shines in Jan-Sept periodSHANGHAI : China's industry minister said the country's industrial economy stablised and recovered in the first three quarters of 2023 and the new energy sector, such as electric cars, shined.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »