What could possibly go wrong? On Mon, Aug 24, 2015 at 5:11 PM, Charlie <[email protected]> wrote:
> Certainly noticed that while we in the U.S. fight to keep Wall Street's > hands off Social Security, the Chinese government just authorized the > state pension fund to put 30% of its funds in stocks and derivatives. > > BBC News, Aug. 23, 2015: > > China plans to let its main state pension fund invest in the stock > market for the first time, the country's official news agency, Xinhua, > has reported. Under the new rules, the fund will be allowed to invest up > to 30% of its net assets in domestically-listed shares. The fund will be > allowed to invest in a range of market instruments, including derivatives. > > From http://www.bbc.com/news/business-34033208 > > _______________________________________________ > pen-l mailing list > [email protected] > https://lists.csuchico.edu/mailman/listinfo/pen-l > -- Cheers, Tom Walker (Sandwichman)
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