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Shanghai Stocks Close Up After Government Steps In
Until last month mainland Chinese markets were among the world's best recent performers, with Shanghai rising more than 150 percent in a spectacular borrowing-fuelled bull run in the 12 months to its top on June 12. On Sunday, the government said the central bank would provide funds through the state-backed China Securities Finance Co. to "protect the stability of the securities market ... Read News
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China Stocks Fall Again Despite Support Measures
By Samuel Shen and Pete Sweeney SHANGHAI (Reuters) - Chinese stocks fell on Tuesday, taking little comfort from a slew of support measures unleashed by Beijing in recent days, and unnerved by Chinese Premier Li Keqiang's failure to mention the market chaos in a statement on the economy. Before the market opened, Li said in comments posted on a government website that China had the confidence and ... Read News
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