China halts stock slide with state-backed ETF buys, short-selling curbs

China halts stock slide with state-backed ETF buys, short-selling curbs

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SHANGHAI/HONG KONG -- A major Chinese state-owned investment company said Tuesday it will increase holdings of mainland-listed exchange traded funds, helping to stem a recent decline in mainland and Hong Kong stock indexes. Central Huijin Investment, which is controlled by China's Ministry of…

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