Beijing has also pressured insurers and other large companies to limit selling and increase share purchases to support pressured technology stocks. While official buying has ramped up, analysts at Bloomberg Intelligence state that state-led purchases may not be sufficient to ensure a sustained recovery given deterioration in corporate earnings and weak domestic consumption.
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Chinese State Funds Inject $19B Into Equities to Stabilize Market
Global Markets23 hours ago
Chinese authorities deployed state-led funds to purchase 128.7 billion yuan in stock ETFs last week as mainland shares extended their longest losing streak in history. This surge in buying is the heaviest seen since the market rout of April 2025 and follows the CSI 300 benchmark index's slide into a technical bear market, dropping 20% from its June peak as it traded red for 11 consecutive weeks.
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