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China gives pension funds access to stock market
Published Sun, Aug 23, 2015 · 09:50 PM
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Shanghai
CHINA on Sunday allowed pension funds managed by local governments to invest in the stock market for the first time, potentially channelling hundreds of billions of yuan into the country's struggling equity market.
China published a draft rule on the move for public consultation on June 30, at the height of a recent stock market rout.
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