China Pushes Pension Funds, Banks and Insurers Toward Stocks

What’s new: China’s top securities regulator called for the national pension fund and some large banks and insurers to expand mid- to long-term investment in the stock market as a prolonged housing slump and sluggish economic growth make China’s stock market among the worst global performers this year.

The China Securities Regulatory Commission summoned executives of financial institutions Thursday to discuss how to address institutional obstacles for medium- to long-term capital to enter the stock market.