China’s sovereign wealth fund poured $45b in Q1 to shore up ailing stock market

China’s sovereign wealth fund poured $45b in Q1 to shore up ailing stock market

Photo: Reuters

China’s sovereign wealth fund Central Huijin Investment Ltd. has spent nearly 330 billion yuan ($45.5 billion) in the first quarter shoring up the ailing stock market, Caixin’s calculation based on market data showed.