China state-backed fund says to help ‘stable operation’ of market after rout

By AFP
Source: Pixabay

China’s major state-backed fund Central Huijin Investment on Monday vowed to help ensure “stable operations” of the market, as stocks across Asia were roiled by a trade war launched by Washington.

In a statement, the firm said it “has once again increased its holdings of exchange-traded funds and will continue to increase its holdings in the future to resolutely maintain the stable operation of the capital market”.

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Agence France-Presse (AFP) is a French international news agency headquartered in Paris, France. Founded in 1835 as Havas, it is the world's oldest news agency.
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