Pension funds inch closer to stocks
By Li Xiang | China Daily | Updated: 2016-05-09 07:52
New guideline doesn't mean massive money will chase shares swiftly, analysts say
China has moved a step closer toward allowing the country's massive pension funds to play the stock market.
On May 1, the national guideline to regulate the management of the pension funds took effect. It is the first of its kind issued by the central government.
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