South China Morning Post · state buying

China’s stock slide can’t be reversed by massive state buying, analysts warn

· By Zhang Shidong
Story summary

Increasingly apparent state buying in China’s struggling stock market helped drive the benchmark CSI 300 Index up 0.9 per cent on Wednesday, but will be insufficient to engineer a durable rally in the world’s second-largest equity market, according to analysts from global investment banks. “National team” investors …

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