China’s “National Team” Is Good At Killing Stock Volatility
By Tyler Durden, By Ye Xie, Bloomberg Markets Live strategist and commentator Chinese state-backed funds reportedly intervened in the stock market on Tuesday, helping stem the biggest intraday loss since August 2021. Since the bursting of the stock bubble in 2015, Bloomberg has reported at least seven occasions when the so-called “national team” came to the rescue when […]
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