China Turns to Market-Boosting Playbook That BofA Calls Obsolete
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Bank of America Corp. strategist David Cui has a laundry list of support measures that China’s government might deploy to fight the steepest stock-market rout since 1996.
They could halt initial public offerings, encourage insurers to buy shares, ease access to margin financing, reduce stamp duties or cut lending rates -- just to name a few.