In response to ongoing market volatility, China's Central Huijin, a sovereign wealth fund, has initiated market stabilization operations. This move, reported by state media, aims to support the capital market amid fluctuations. The intervention follows similar actions by other entities, including Indonesia's central bank, which announced plans to intervene in the currency and bond markets to maintain domestic stability. Additionally, reports indicate that the U.S. Plunge Protection Team is on high alert, signaling a proactive approach to market conditions.
#NewsAlert | Global: China’s Central Huijin steps in with market stability operations (Agencies) #China #Markets #GlobalNews https://t.co/lRZ9cpyWR0
صندوق الثروة السيادة الصيني يتخذ إجراءات لتحقيق الاستقرار في سوق رأس المال #العربية_عاجل
China Sovereign Fund, Central Huijin, Is Actively Taking Measures To Stabilise The Capital Market - China State Media