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surfer44

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surfer44

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Tuesday, 01/23/2024 10:30:10 AM

Tuesday, January 23, 2024 10:30:10 AM

Post# of 12924
Might get some new shareholders...

China is weighing measures to prop up its stock markets, could reportedly mobilize $278 billion
PUBLISHED MON, JAN 22 202411:03 PM ESTUPDATED 5 HOURS AGO
Shreyashi Sanyal

KEY POINTS
Chinese authorities are aiming to get about 2 trillion yuan ($278 billion) through offshore entities, according to Bloomberg.
Chinese policymakers have also put aside 300 billion yuan of local funds that would be used to invest into onshore shares.
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