23.06.2009 - China firms to move some state shares to National Fund
From Dow Jones: China said Friday it will ask the state pension fund to take over some state-owned shares in domestically listed companies and mandatorily hold them for a longer period, in an apparent move to support a stock market that has been one of the world's best performers this year. The decision came just a day after the authorities cautiously reopened the floodgate of initial public offerings after a nearly year-long suspension by allowing the listing of a small medicine firm........Full Article: Source