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KM Financial Solutions | China state-backed funds sit on their hands during stock market slump
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China state-backed funds sit on their hands during stock market slump

22 Jul China state-backed funds sit on their hands during stock market slump

Posted at 11:41h in News by
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China’s five state-backed
mutual funds, launched during the 2015 crash to rescue the
market, sat on their hands last quarter when shares slumped
roughly a tenth amid trade war concerns, analysts said on
Monday.

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