Chinese stock exchanges have requested that large mutual funds limit stock selling as part of efforts to stabilize the market at the beginning of 2025. According to sources, the Shanghai and Shenzhen exchanges made calls on December 31, January 2, and January 3, urging fund managers to buy more stocks than they sold each day. This move comes as Chinese authorities seek to calm market volatility amid economic challenges facing the world's second-largest economy. Reports indicate that at least four major fund managers were contacted regarding this directive.