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China $159 Billion State Pension Fund Ordered Not to Sell Local SharesAFR.comJul. 07, 2015 |
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 China's state pension fund ordered its asset managers not to sell any local shares on Monday, after Beijing halted new equity issues and forced the central bank to extend credit to brokers as part of emergency measures aimed at bolstering markets. The extraordinary intervention helped push the Shanghai Composite Index up 2.4 per cent on Monday but the rise in the overall market disguised big falls among smaller stocks not linked to the government. Read More 
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