The program marks the first instance where Chinese insurers are explicitly permitted to invest in a commodity like gold.
As China directs its large financial institutions to help revive and rebalance a struggling stock market, analysts see merit in the plan but are sceptical it will stimulate a recovery.
A pilot program in China that allows insurers to buy gold for the first time could free up billions of dollars of investment ...
BEIJING - China on Friday launched a pilot program allowing certain insurance companies to invest in gold as part of their ...
A group of 17 Republican state attorneys general alleged that top U.S. asset managers, including BlackRock and State Street , ...
Officials launch the China Pensions Index at an event in Shanghai. PROVIDED BY CIAFC . In a significant move aimed at ...
BEIJING (Reuters) - Quantitative hedge fund, High-Flyer ... which Washington banned from export to China in September 2022. High-Flyer's A100 clusters were built and put into operation long ...
and enhance mutual political trust, according to the release. The two sides agreed to jointly commemorate the 75th anniversary of the establishment of diplomatic relations between China and India ...
She further noted that enhancing political trust and promoting mutually beneficial cooperation are in the common interests of both countries and international community. Both China and the UK are ...
The Sub-Fund aims to achieve medium to long-term capital appreciation by investing primarily in investments which are related to mainland China. The Sub-Fund will focus primarily on mainland China ...
skynesher / Getty Images What a trust fund earns and distributes is taxed, just like earned income and capital gains from the sale of stocks and property. Read on to learn how trust funds are ...