ICYMI - China is encouraging long-term investors, major shareholders to buy more stocks

  • China is encouraging long-term investors to buy more equities and major shareholders of listed firms to increase their holdings when stocks fall.

This via Reuters ICYMI

  • government will also facilitate corporate financing in COVID-hit areas
  • and urge state shareholders of listed firms to actively buy undervalued stocks

China's National Team have been shown to underpin markets, at least in the short term, when instructed to do so.

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