# capital markets
Latest news and articles about capital markets
Total: 2 articles found
China Invites Pensions, Insurers and Public Funds to Become ‘Strategic’ Shareholders — with a 5% Floor
The CSRC has proposed amendments to permit major long-term institutional investors — including the national social security fund, pension schemes, insurers, mutual funds and bank wealth products — to qualify as strategic investors in targeted equity issuances. The draft sets a default minimum stake of 5%, requires active governance participation and strengthens disclosure and anti-evasion rules to ensure these investors act as genuine sources of patient capital.
China’s Treasury Benefits from Market Turnover as Stamp Tax Surges 57.8% in 2025
China’s Treasury recorded a 57.8% jump in securities transaction stamp tax to 2,035 billion yuan in 2025, reflecting stronger market turnover, while overall general public budget revenue fell 1.7% to 21.6 trillion yuan. Tax receipts rose only modestly and non‑tax income declined due to a 2024 one‑off, even as childcare subsidies have reached more than 30 million infants and remaining payments are to be completed by March 2026.