SSF may trim stock market holdings
By Zhang Ran | China Daily | Updated: 2009-07-14 08:02
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Senior citizens wait to be served at a bank in Suzhou, Jiangsu province. The national pension fund may reduce its investment in stock market to avoid risks and ensure fund safety. Wang Jiankang |
China's national government pension fund, the Social Security Fund (SSF), may cut its stock investments in the second half despite that it made a 9.99-percent return on equity investments during January to June, analysts said.
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