BEIJING: China will allow its huge state pension fund to invest in domestic stocks in the wake of a massive market sell-off, it was announced Sunday.

The fund will be able to invest up to 30 percent of its net assets in equities, according to final guidelines from the State Council (cabinet) quoted by the official Xinhua news agency.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details