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Galanz makes offer for Whirlpool s shares

China s number of new investors grew in April at slowest pace in 13 mths

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China s number of new investors grew in April at slowest in 13 mths

Total investors stood at 185.6 million by April, up 12.5% on the year, it added. The benchmark CSI300 index closed up 2.4% on Friday, but was 14% off an all-time high hit on Feb. 18, as worries over lofty valuations, policy tightening and Sino-U.S. tension weighed on sentiment. The index has been trading in narrow ranges since early March, when it tumbled as much as 17% from its record high, dampening investor appetite for equities. Analysts and traders said the stock market would probably remain rangebound, given inflation worries and the central bank’s tightening bias, thanks to a solid economic recovery from the coronavirus outbreak.

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