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Nowa Alitalia nie zdąży na lato
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China admitió que sus vacunas contra el coronavirus tienen baja efectividad
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Banki centralne ruszyły na zakupy złota
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China State Funds Buy Stocks to Stem Worsening Rout
Bloomberg 3/9/2021 Sofia Horta e Costa
(Bloomberg) The bearish mood prevailing in China’s stock market is proving a match even for state-backed funds, and casting a cloud over the Communist Party’s biggest annual political event.
The CSI 300 Index closed about 2.2% lower despite evidence that state-backed funds had intervened to shore up the market in morning trading. The news earlier helped the gauge erase losses of as much as 3.2%, before declines resumed in the afternoon. Kweichow Moutai Co., the stock that’s become an indicator of sentiment in China’s mutual fund industry, fell 1.2%.
China State Funds Buy Stocks to Stem Worsening Rout
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