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China pension funds ready 2t yuan war chest for market foray

Deployed cash is expected to boost yields for low-return pension system
Tuesday, July 12, 2016 - 05:50

Hong Kong

CHINA'S pension funds are about to become stock investors.

The country's local retirement savings managers, which have about two trillion yuan (S$403 billion) for investment, are handing over some of their cash to the National Council for Social Security Fund, which will

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