Two Sovereign Wealth Firms Signal Confidence in Chinese Capital Markets

Beijing, July 20 – China Reform Holding Limited and China Chongqing Holding Limited issued a joint statement on the evening of July 19, confirming that they will continue buying shares of central enterprises. Both firms cited strong confidence in the long‑term growth of China’s financial system.

Reform Holding stressed its commitment to backing scientific research, technology creation and quality improvements within state‑owned enterprises. Its subsidiary, Reform Investment, has already committed 50 billion yuan of special‑purpose financing to support the A‑share market.

The firm added that it will keep leveraging its refinancing policies and internal capital to purchase additional state‑enterprise stocks, protecting the strategic value of public assets and promoting a stable, healthy market.

China Chongqing Holding disclosed that it has already purchased roughly 10 billion yuan worth of Chinese equities and reiterated its resolve to safeguard market stability.