# Commentary: Who keeps crashing China’s stock market?

- URL: https://talkfuse.com/story/commentary-who-keeps-crashing-chinas-stock-market/
- Published: 2026-11-05T21:59:00+00:00
- Updated: 2026-11-05T22:36:08+00:00
- Original publisher: CNA (publisher lean: Centre)
- Original article: https://www.channelnewsasia.com/commentary/china-stock-market-crash-government-bailout-pboc-6527001
- Topics: Asia, Business, Government, Markets, Politics, World

## Key points

- China is deploying market support measures again.
- Insurers may be selling after expanding share investments.
- Their risk and liabilities limit how long they can hold losses.

## Summary

China is again trying to stem a sharp stock market decline, using measures similar to the government rescue launched in 2024. The episode raises questions about who is selling and whether policies encouraging insurers to invest more in shares may have made the market more vulnerable to falls.

The CSI 300 has dropped into a bear market from its late-June peak, and the Star 50 index has fallen as much as 48 per cent. Lower margin financing and reduced foreign trading through Stock Connect point away from leveraged traders and foreign investors; insurers are a possible source of selling after building up equity holdings. Authorities have told several major insurers to report their holdings and avoid cutting losses, while insurers say volatility complicates managing portfolios and short-term returns.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.