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PING AN On Mkt Entry of Medium- and Long-term Funds: To Take Actions to Fulfill Responsibility for 'Patient Capital'
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The General Office of the Central Committee for Finance, China Securities Regulatory Commission (CSRC), Ministry of Finance (MOF), Ministry of Human Resources and Social Security (MOHRSS), People's Bank of China (PBOC) and National Financial Regulatory Administration (NAFR) jointly issued the Implementation Plan on Promoting the Entry of Medium- and Long-term Funds into the Market.

PING AN (02318.HK)(601318.SH), as quoted by Shanghai Securities News, responded that it will in future further respond to the call of the Chinese government, give full play to the advantages of large-scale long-term capital, flexibly utilize a variety of integrated financial instruments and investment strategies, and continue to amplify its investment in strategic emerging industries, advanced manufacturing industries, new infrastructure and value-based products, so as to take practical actions to fulfill responsibility for "patient capital".

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