China Summons Banks to Shore Up Stocks After CSI 300’s Worst Month in a Decade
China’s central bank and regulators were set to meet major banks, brokers and fund managers on November 2 to expand an 800 billion yuan stock-support toolkit after the CSI 300 fell 8.5% in October and posted a record 12 straight weekly losses. Here is what is on the table and why it matters.
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