China’s central bank, the People’s Bank of China (PBOC), has pledged to provide funding support to the country’s sovereign fund when needed. The move aims to stabilize the market and ensure capital stability. According to a statement released on Tuesday, the PBOC will step up its re-lending program to Central Huijin Investment Ltd., a key player in the nation’s stock market, as necessary to prevent market volatility and maintain investor confidence.
Source: https://www.bloomberg.com/news/articles/2025-04-08/pboc-vows-funding-support-to-sovereign-fund-to-stabilize-market