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China’s state funds inject $6.8B, stocks still drop

By Drooid · Oct 27, 2026, 6:21 PM UTC · How we work

Summary

Story summary

State-owned funds injected $6.8 billion into equities on Thursday.
The market had fallen 11 weeks, slipping more than 20% from its recent peak.
Despite the infusion, Chinese stocks fell another 1.3% by Tuesday.
Financial commentator Shi Shusi said the cash propped up the market but did not restore investor confidence.
The purchase preceded leader Xi Jinping’s meeting, where officials will prioritize political issues over economic policy.

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Story summary

State-owned funds injected $6.8 billion into equities on Thursday.
The market had fallen 11 weeks, slipping more than 20% from its recent peak.
Despite the infusion, Chinese stocks fell another 1.3% by Tuesday.
Financial commentator Shi Shusi said the cash propped up the market but did not restore investor confidence.
The purchase preceded leader Xi Jinping’s meeting, where officials will prioritize political issues over economic policy.