China’s state fund Central Huijin said it will serve as a market “stabiliser” and take decisive action when needed, as financial markets reel from escalating U.S.-China trade tensions.
In a statement Monday, the sovereign wealth fund emphasized its strong balance sheet, ample liquidity, and reliable funding channels. It also described current valuations of China’s A-shares as low, with core assets seen as attractive.
Huijin pledged to increase its allocation in Chinese equities as “patient,” long-term capital, signaling sustained support for market stability.
Earlier:
- PBoC says it will provide lending support to China state fund Huijin if needed
- Recap - Chinese state firms pledge support for markets amid tariff-driven selloff
