China’s Shanghai and Shenzhen stock exchanges instructed large mutual funds to limit net stock selling at the start of 2025, aiming to stabilise markets during a challenging economic period, Reuters reported. At least four funds were asked to ensure daily stock purchases exceeded sales, as fears of US President Donald Trump imposing tariffs on Chinese goods triggered early-year losses. Similar guidance has been issued in previous years. Meanwhile, China’s National Development and Reform Commission plans a press conference on building a unified national market, following sluggish stock market performance despite recent stimulus measures. Both stock exchanges also assured foreign institutions of continued efforts to open China’s capital markets, highlighting the economy’s resilience despite global challenges.