FTSE China A50 Index futures continued to rise and are now up 2%.

On the 23rd, Wu Qing, chairman of the China Securities Regulatory Commission, stated that efforts should be made to continuously enhance Professional Services capabilities on the institutional side, supporting securities, Funds, and other Institutions to conduct mergers and acquisitions according to market-oriented principles, and to build first-class investment Banks and investment Institutions. A first-class Capital Markets requires first-class investment Institutions, which can further enhance services for new productive forces and service comprehensive wealth management capabilities for residents.

Xiao Yuanqi, Deputy Director of the National Financial Supervisory Administration, aims for a 30% increase in new insurance premiums to be invested in the stock market each year.