China to continue state buying of stocks

GMT 16:36 2015 Monday ,27 July

Arab Today, arab today China to continue state buying of stocks

China stocks
Beijing - Arab Today

China will unleash more funds to stabilise its sharemarket, state media reported on Monday quoting the country's securities regulator, after Shanghai stocks saw their biggest fall for more than eight years.

State-backed China Securities Finance Corporation will continue to buy stocks Xinhua news agency said, citing Zhang Xiaojun, a spokesperson with the China Securities Regulatory Commission (CSRC).

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