Central Huijin pledges to ramp up efforts to stabilize market

China’s state-owned Central Huijin Investment is ramping up efforts to stabilize the market. 

The sovereign fund company said it remains confident in the long-term prospects of the country’s capital markets and has once again increased its holdings of exchange-traded funds. 

It pledged to continue buying more shares in the country's A-share market to help maintain market stability.

STAFF REPORTER