China announced plans on Thursday to channel hundreds of billions of yuan of investment from state-owned insurers into shares as part of the government's latest efforts to support a struggling stock market.

Gold hovered near record highs in Asian trade as the dollar weakened on Trump's call for immediate interest rate cuts by the U.S. Federal Reserve.

The China Securities Regulatory Commission, the country's top securities watchdog, said at a work conference on Monday that it will step up joint monitoring and supervision of the country's stock, exchange-traded and over-the-counter markets, as well as the futures and spot markets.

Citadel Securities, led by CEO Peng Zhao, has submitted an application to the China Securities Regulatory Commission to establish a brokerage in mainland China. The move comes as many Wall Street firms find it challenging to navigate the country's markets.

Starting this year, 30 per cent of the annual insurance premium from new policies will be put into yuan-denominated A shares, regulator Wu Qing said.

Chinese financial regulators on Thursday further elaborated on an implementation plan issued a day earlier aimed at boosting the inflow of long-term funds into the stock market, saying that they will guide major state-owned insurers to increase both the scale and proportion of their investments in A-shares.

File photo shows a view of the China Securities Regulatory Commission (CSRC) in Beijing, capital of China. [Photo/Xinhua] The China Securities Regulatory Commission (CSRC) said Monday that it will ...

The China Securities Regulatory Commission said stability is top of its agenda in 2025 as it pledged to make every effort to induce and maintain the market’s stabilizing and positive momentum ...

Citadel has been participating in China’s so-called A-share market from Hong Kong, where it trades cash equities, futures, options and exchange-traded funds. It has an office in Shanghai with a small team supporting the firm’s offshore China business.

The Chinese government plans to ensure that share prices will rise by ordering pensions and mutual funds to invest more in domestic stocks, to help jolt the markets out of the doldrums.

BEIJING, Jan. 13 (Xinhua) -- The China Securities Regulatory Commission (CSRC) said Monday that it will make every effort to sustain the stable recovery of the securities market, as it outlined ...

The China Securities Regulatory Commission (CSRC) said stability is top of its agenda in 2025 as it pledged to make every effort to induce and maintain the market’s stabilising and positive momentum, according to a statement following its work meeting on ...