The Chinese government is trying to encourage people to spend more by ensuring that share prices will rise, ordering pensions and mutual funds to invest more in domestic stocks to help jolt its languid markets out of the doldrums.

The partnership formed by Oracle, OpenAI and SoftBank is due to invest up to $500 billion. SoftBank's shares rose 3.7% on Thursday in Tokyo trading after jumping 11% the day before. Elsewhere in Asia, the S&P/ASX 200 in Australia fell 0.6% to 8,383.50, while the Kospi in Seoul lost 0.8% to 2,526.98.

Citadel Securities, led by CEO Peng Zhao, has submitted an application to the China Securities Regulatory Commission to establish a brokerage in mainland China. The move comes as many Wall Street firms find it challenging to navigate the country's markets.

BANGKOK (AP) — World shares were mixed on Thursday after China rolled out more moves to try to boost its lagging stock markets by raising confidence that prices will rise. Germany's DAX gained 0.2% to 21,300 and the CAC 40 in Paris edged 0.1% higher to 7,847.38. Britain's FTSE 100 slipped less than 0.1% to 8,539.88.

BANGKOK — The Chinese government is ... to A-shares every year,” said Wu Qing, chairman of the China Securities Regulatory Commission. The announcement followed a meeting of top financial ...

BANGKOK--World shares were mixed on Thursday after China rolled out more moves to try to boost its lagging stock markets by raising confidence that prices will rise.

China's securities regulatory has ordered funds to increase their stock holdings to support the market. Mutual funds must increase equity holdings by at least 10% in three years. Large insurers ...

China is guiding local mutual funds and insurers to boost their stock purchases in the government’s latest initiative to shore up its ailing equity market as it confronts the threat of higher tariffs.

China rolled out a basket of measures to stabilize its stock markets, including plans to boost the amount pension can invest in the nation’s listed companies, as it combats uncertainty in a second Donald Trump presidency.

The China Securities Regulatory Commission, the country's top securities watchdog, said at a work conference on Monday that it will step up joint monitoring and supervision of the country's stock, exchange-traded and over-the-counter markets, as well as the futures and spot markets.

Led by the chief of the China Securities Regulatory Commission, officials from five government departments joined hands to map out the latest action plan to support a struggling stock market.

The U.S. firm’s request was received by the China Securities Regulatory Commission on Jan. 17, according to a filing posted on the regulator’s website. Citadel is trying to build its own ...