摘要
As pension funds will soon be permit- ted to invested in stock, the market is highly expectant that they will expand the source of funds in China's A-share market. However, when it comes to pension funds, which are special in nature, safety should come first once they are invested in such markets. For China's A-share mar- ket, the significance of pension funds lies in offering a new long-term and steady investment source, rather than merely a short-term market increase. In the mid and long term, the inclusion of pension funds will help alter investment behavior and pat- terns in the A-share market.
As pension funds will soon be permitted to invested in stock,the market is highly expectant that they will expand the source of funds in China’s A-share market.However,when it comes to pension funds,which are special in nature,safety should come first once they are invested in such markets.For China’s A-share market,the significance of pension funds lies in offering a new long-term and steady investment source,rather than merely a short-term market increase.In the mid