TREE NEWS update: China Securities Regulatory Commission Vice Chairman Li Chao said on September 10 that social security, annuity and insurance funds have net bought more than 600 billion yuan of A-shares so far this year. Their holdings of tradable A-share market value are up 12.5% from the end of 2025, he said at a State Council Information Office briefing.
China’s Mid- and Long-Term Funds Boost A-Share Holdings by 12.5% Since End-2025
The signal here is compositional: the buying is attributed to long-horizon, policy-adjacent pools rather than retail or foreign flows, which matters for how durable the support is perceived to be. It also matters for the institutions receiving those flows, since social security, annuity and insurance mandates carry different governance and disclosure expectations than hedge fund money. Whether the accumulation continues at this pace, and whether other investor classes follow or fade, is the open question.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.