Pension Fund Monday: No RRR, But State's Main Pension Fund Approved

BBC: China share slide: Pension fund to invest in stock market
Under the new rules, the fund will be allowed to invest up to 30% of its net assets in domestically-listed shares.

China's main pension fund holds 3.5tn yuan ($548bn; £349bn), Xinhua said.

The move is the latest attempt by the Chinese government to arrest the slide in the country's stock market.

The fund will be allowed to invest not just in shares but in a range of market instruments, including derivatives. By increasing demand for them, the government hopes prices will rise.
Hope and "keep the change" comes to China.

Key point: the pension fund doesn't have to buy. Also, the government wants to see what it can get out of the announcement alone first.

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