Deals
Here’s What China’s Rescue Fund Is Buying to End the Stocks Rout
Which Direction Is Money Flowing in China, In or Out?
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China Securities Finance Corp. has quickly become one of the most influential investors in the Chinese stock market, with $483 billion of firepower and the potential to add $322 billion more.
As a linchpin of the government’s market rescue effort, the agency has almost unmatched ammunition to move mainland share prices. So what exactly is it buying with all that cash?