January 5, 2024

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Latest January 5, 2024

Beijing Urges Mutual Fund Managers to Prioritize Equity Funds Amid Stock Market Struggles

To rejuvenate its sluggish stock market, Beijing has informally advised major mutual fund managers in China to prioritize the launch of equity funds over other products like bond funds, according to sources familiar with the matter. The guidance, known as "window guidance," was reportedly provided by the China Securities Regulatory Commission (CSRC) in recent weeks to bolster the country's capital...

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