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Chinese shares jump as Beijing steps up moves to boost sagging markets

A Chinese state investment fund promised to expand its purchases of stock index funds, among other moves signaling Beijing’s resolve to stabilise markets t

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MACAU DAILY TIMES 澳門每日時報Chinese shares jump as Beijing steps up moves to boost sagging markets

MACAU DAILY TIMES 澳門每日時報Chinese shares jump as Beijing steps up moves to boost sagging markets
macaudailytimes.com.mo - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from macaudailytimes.com.mo Daily Mail and Mail on Sunday newspapers.

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Chinese state investment fund promises to expand share holdings to help support sagging markets

A Chinese state investment fund promised to expand its purchases of stock index funds, signaling Beijing’s resolve to stabilize markets that have been sagging under heavy selling pressure from a property crisis and slowing economy. Shares in Shanghai and Hong Kong surged Tuesday after the announcement by Central Huijin Investment, a Chinese sovereign fund that owns China's state-run banks and other big government-controlled enterprises. The fund has stepped up buying of shares in big state-owned banks and other companies to counter heavy selling pressure in the Chinese markets, which have been trading at five-year lows.

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World News | Chinese State Investment Fund Promises to Expand Share Holdings to Help Support Sagging Markets

Get latest articles and stories on World at LatestLY. A Chinese state investment fund has promised to expand its purchases of stock index funds to help markets that have been sagging under heavy selling pressure from a property crisis and slowing economy. World News | Chinese State Investment Fund Promises to Expand Share Holdings to Help Support Sagging Markets.

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Chinese state investment fund to expand share holdings to aid sagging markets

Chinese state investment fund to expand share holdings to aid sagging markets
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