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China - Central bank to give cash infusion to securities commission "to maintain stock market stability" - July 5, 2015

sharon sanders

Editor-in-Chief & President
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[TD="width: 50%"]Index Number: 40000895X /[/TD]
[TD]Category: Other; SFC announcement[/TD]
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[TD="width: 50%"]Posted by: SFC[/TD]
[TD]Posting date: July 5, 2015[/TD]
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[TD="colspan: 2"]Title: Commission Announcement [2015] No. 17[/TD]
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[FONT=&#40657]CSRC Announcement [2015] No. 17

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[FONT=&#26999]                   [FONT=黑体][FONT=&#26999]China Securities Regulatory Commission[/FONT][/FONT][/FONT]
[FONT=&#26999]                       [FONT=宋体]17 [2015][/FONT][/FONT]
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[FONT=&#26999][FONT=宋体][FONT=&#26999]  To maintain stock market stability, China Securities Regulatory Commission decided to give full play to the China Securities Finance Co., Ltd., more channels to raise funds, expand their business scale and enhance their ability to maintain market stability. People's Bank of China will help give China Securities Finance Co., through various forms of liquidity support.[/FONT][/FONT][/FONT]
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[FONT=&#26999][FONT=宋体][FONT=&#26999]                                         China Securities Regulatory Commission[/FONT][/FONT][/FONT]
[FONT=&#26999][FONT=宋体][FONT=&#26999]                                        July 5, 2015[/FONT][/FONT][/FONT]


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http://www.csrc.gov.cn/pub/zjhpublic/G00306201/201507/t20150705_280433.htm
 
Apparently pension funds are forbidden to sell.

Exclusive: Social Security informed the public fund social security portfolio not only buy sell stock
This article from the "Finance" magazine  2015-07-06 11:38:00




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"Financial" reporter gorgeous song
"Financial" reporter learned that the Social Security Council on Monday (July 6) Call each raised funds, social security portfolio is not allowed to sell their holdings of stock.
Sources said that Social Security Council has just informed all social security portfolio can only buy stocks can not sell the stock; and it is not defined as the net selling, but completely unable to sell the stock.
(Edit: lvqiang)


http://yuanchuang.caijing.com.cn/201.../3919476.shtml


machine translation
 
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