SHANGHAI/HONG KONG -- A major Chinese state-owned investment company said Tuesday it will increase holdings of mainland-listed exchange traded funds, helping to stem a recent decline in mainland and Hong Kong stock indexes.
But help from 'national team' appears insufficient to restore investor confidence
SHANGHAI/HONG KONG -- A major Chinese state-owned investment company said Tuesday it will increase holdings of mainland-listed exchange traded funds, helping to stem a recent decline in mainland and Hong Kong stock indexes.