China's State Funds Buy $9 Billion in Shares to Prop Up Market

Chinese state-owned funds, referred to as the 'national team,' have purchased shares worth $9 billion in an effort to stabilize the market following a sharp sell-off in AI tech stocks last week.

20 Jul, 06:54 — 20 Jul, 06:54

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FTVery High24d ago

China’s ‘national team’ buys shares worth $9bn to prop up market

State-owned funds announce stock purchases after sharp AI tech sell-off last week

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China's State Funds Buy $9 Billion in Shares to Prop Up Market

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China’s ‘national team’ buys shares worth $9bn to prop up market

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