Sound investment?
本文作者: 21ST
As the Chinese stock market *tumbled last week and came dangerously close to a full-blown bear market, investors and analysts have proposed various ways of saving the market. One of the measures taken by the government so far is to allow the Social Security Fund to invest in the stock market. On June 29, the Ministry of Human Resources and Social Security and the Ministry of Finance jointly issued draft guidelines on the investment of the Social Security Fund, allowing no more than 30 percent of the Social Security Fund to invest in stock-related products, with a two-week period for public feedback. Many investors consider this good news for the stock market, expecting the billions from the Social Security Fund to help stabilize and lift the market.
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