A Beijing-backed fund has increased its shareholdings in China’s four biggest banks, spurring hopes for further moves to boost sentiment towards the country’s ailing stock market.The state-controlled Central Huijin fund invested more than Rmb477mn ($63mn) in China Construction Bank, Industrial and Commercial Bank of China, Agricultural Bank of China and Bank of China. Shares in the four lenders gained on Thursday, with those in CCB — the country’s second-largest lender by assets — up by as much as 3.6 per cent.
中國政府支持的一只基金增持了中國四家最大銀行的股份，激起了希望，即政府將采取進一步舉措提振投資者對中國疲弱的股市的信心。
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