China regulators meeting with European investors to boost interest in stock market

From BNN Bloomberg.: 2024-05-20 03:13:40

China’s markets regulators are meeting with investors in Europe to boost interest in the stock market. Senior officials from various Chinese regulatory bodies will speak at the meetings, along with executives from 15 Chinese-listed companies. Global investors are returning to Chinese stocks, with the MSCI China index rising 32% since January.

China is taking measures to support its struggling property market, including relaxing mortgage rules and urging local governments to buy unsold homes. Investors have been increasing their positions in Chinese stocks since March, with billions of yuan flowing into the mainland through the northbound stock connect program. Authorities are concerned about the property sector’s impact on economic growth.

China’s securities regulators have previously met with global asset managers to address stock market outflows by foreign funds. The meetings aim to improve investment sentiment and attract more foreign capital to Chinese stocks. In August, a meeting was held in Hong Kong with firms like Fidelity International Ltd. and Goldman Sachs Group Inc. to discuss market conditions.

Overall, China is making efforts to bolster investor interest in its stock market through high-level meetings and policy changes to support struggling sectors like property. The government’s proactive measures, combined with increased global investment in Chinese stocks, are key factors contributing to the market’s recent gains and positive outlook.



Read more at BNN Bloomberg.: China Regulators to Meet Europe Funds This Week to Revive Stocks