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China State Fund Buys Bank Shares, Fueling Market Rescue Hopes

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China’s sovereign wealth fund increased its stake in the nation’s biggest banks for the first time since 2015, stoking speculation that authorities will intensify efforts to prop up its sinking stock market.

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China State Fund Buys Bank Shares, Fueling Market Rescue Hopes(Bloomberg) -- China’s sovereign wealth fund increased its stake in the nation’s biggest banks for the first time since 2015, stoking speculation that...
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Big China Hedge Fund Calls on Government to Buy Stocks, End Rout(Bloomberg) -- A leading Chinese macro hedge fund called on the government to set up a stabilization fund to buy stocks, lobbying for direct intervention the...
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