February 27, 2013
Translated by Chen Min

After the Shanghai stock index ended yesterday's trading down significantly, the China Securities Regulatory Commission (CSRC) announced details of a plan to encourage domestic pension, insurance and housing funds to invest more capital in the country's equity markets this year.

At a presse conference, the securities regulator outlined three measures in relation to how insurance funds, pension funds and the Housing Accumulation Fund would invest in the Chinese stock market.

The next step will involve the CSRC working with other government departments to agree on adjustments to the regulations that control how these funds operate and the kind of investments they are allowed to make.

The CSRC is determined to push ahead with the reforms despite concerns about the risks of investing pension and housing funds in the stock market.

Analysts expect that the housing fund will lead the charge into equities.

The CSRC also said that they will encourage insurance funds to invest in ChiNext, China's Shenzhen-based growth board.

Links and Sources
Oriental Morning Post: 公积金入市准备工作已启动