Weekly Digest: China state fund buys ETFs; Korea NPS admits overstating ESG assets
China sovereign fund buys ETFs to step up stock market boost; Korea national pension admits overstating responsible assets; Mubadala joins APG in life science real assets in China; MAS to streamline fund managers regulation; and more.
The following briefs are curated from press releases and third-party media sources.
TOP NEWS OF THE WEEK
Central Huijin Investment, the domestic investment arm of the China Investment Corporation (CIC), bought exchange-traded funds (ETFs) on Monday, October 23, expanding its purchases beyond bank shares as authorities step up attempts to boost the stock market.
Central Huijin didn’t disclose the amount of ETFs it purchased but vowed to keep increasing holdings in the future. I…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.