From Investing.com:

Beijing has informally requested some money managers in China to prioritize the launch of equity funds over bond funds to revive the lagging stock market. The “window guidance” from the CSRC comes as previous measures to boost the economy have not restored confidence, with the CSI300 index closing with 11% losses in 2023. The private funds sector has seen quicker approvals for new equity funds than other asset classes. Despite this push, analysts are doubtful that local investors will invest in equity funds given the sluggish market.



Read more: Exclusive-China pushes equity fund launches to support stock market -sources By Reuters