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A-share Market Calls For Major Stabilisation Funds

CHINA PRESS
MNI (Singapore)

Market insiders have called for over CNY1 trillion of stabilisation fund to inject incremental liquidity into the A-share stock market and help reverse pessimistic investor expectations, according to various reports. 21st Century Business Herald noted, while there are no obvious negative factors that could trigger a market crash, the Shanghai Composite Index continued to fall to a three-year low of 2,724 points on Wednesday. The scale of the funds should be CNY2-5 trillion, as the size of such funds is mostly between 3-6% of the total market value, according to a report by CITIC Securities.

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