| China’s $1.1 Trillion Asset Manager Takes Center Stage as State Market Stabilizer
June 10, 2025--Central Huijin, the state-owned investment arm of China's sovereign wealth fund, has emerged as a dominant force in the country's financial markets, following an unprecedented surge in interventions aimed at supporting the domestic economy and stabilizing investor sentiment. |
| As reported by the Financial Times, Huijin's strategic role within China's "national team" of market-stabilizing institutions has expanded significantly amid deepening economic headwinds and escalating tensions with the United States.
The fund's holdings in exchange traded funds (ETFs) soared past Rmb1tn ($140bn) in 2024 -a staggering seven-fold increase year over year -as Beijing directed sweeping stimulus efforts through key financial actors. Huijin, founded in 2003 and now managing Rmb7.76tn ($1.1tn) in assets, has become central to these state-led measures, embodying a wider push to consolidate and fortify China's financial architecture. |