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China ‘National Team’ Fund Makes $50 Billion From Stock Rescue
A unit of China’s sovereign wealth fund has reaped paper gains of more than $50 billion buying local exchange-traded funds, highlighting the scale of government support for the country’s stock market, according to Bloomberg Intelligence.
A unit of China’s sovereign wealth fund has reaped paper gains of more than $50 billion buying local exchange-traded funds, highlighting the scale of government support for the country’s stock market, according to Bloomberg Intelligence.
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