Zhang Qi Market Quotations

If more fund management firms get deals like this, the market will see more active trading with flurry of capital.

Shares rose because the notice promises measures to develop a more stable capital market and resolve some of the problems faced by struggling firms.

A recovering stock market may be the main attraction for insurers that placed more in securities investment funds. With expanding assets, insurers seek more investment alternatives and have added investment volume.

For companies, they can shift a bit to issue short-term bonds with a maturity of less than one year on the inter-bank bond market for lower financing costs.