China announces new measures to promote equity index investments

Lallalit Srijandorn FXStreet

On Sunday, China announced new measures to boost the development of index investment products, its latest effort to revive the ailing equity market, per Bloomberg.

The China Securities Regulatory Commission (CSRC) stated that the government aims to achieve a significant increase in the scale and proportion of index investment in the capital market through efforts over a period of time.

Market reaction

At the press time, the AUD/USD pair is down 0.13% on the day to trade at 0.6303.

Author

Lallalit Srijandorn

FXStreet

Lallalit Srijandorn is a Parisian at heart. She has lived in France since 2019 and now becomes a digital entrepreneur based in Paris and Bangkok.

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