Pension Fund to Enter Market to Rescue Chinese A Shares

China's massive pension fund will begin investing in China's A-share markets this year, injecting USD$92.28 billion into the equity market and likely improve its liquidity. Researchers said it will take time for all of the investible portion of the pension fund to become fully injected into the equity market. Provinces that have already piloted their local pension funds to be invested in the equity market have reported positive yields. South China's Guangdong province reportedly accrued a combined yield of 17.34 billion yuan from a 100-billion-yuan investment. This news gives renewed life to a stock market that has taken many blows in recent months.