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China’s central bank has pledged support to a major state-backed investment arm to help stabilize the domestic stock market. In a statement released Tuesday, the People’s Bank of China (PBOC) said it will provide funding assistance to Central Huijin Investment Ltd. through its re-lending program if needed.

The move highlights the central bank’s determination to maintain market stability and confidence amid growing concerns.

Action Aimed at Strengthening Market Confidence

Central Huijin, along with other state-backed funds, recently confirmed plans to purchase more Chinese stocks. These steps are part of broader efforts to bolster investor sentiment and cushion the market from the impact of renewed U.S. tariffs.

The PBOC emphasized that its backing of Central Huijin reflects its firm stance in supporting the financial system and promoting stable market conditions.


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