China Stock Rescue Needs More State Buying to Work, BI Says

China Stock Rescue Needs More State Buying to Work, BI Says

China’s national team may need to accelerate stock purchases after the benchmark notched a record losing streak, though state-backed buying alone may not be enough to put the market on a sustained recovery, according to Bloomberg Intelligence.

China’s national team may need to accelerate stock purchases after the benchmark notched a record losing streak, though state-backed buying alone may not be enough to put the market on a sustained recovery, according to Bloomberg Intelligence.
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Bloomberg — Markets (EN)




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