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More local governments are planning.....>

CHINA PRESS
CHINA PRESS: More local governments are planning to inject capitals into the
tumbling stock market, following Shenzhen municipal government's purchases of
tens of billions of A shares, Caixin reported.
- The government of Shunde city in Guangdong province is planning to ease the
risk of equity pledge of its own listed companies. Shunde plans to arrange
special funds to improve the liquidity of listed firms, mainly by providing
financing support and acquisition of shares or debt, Caixin said.
Energy BulletsCommodities
Energy BulletsCommodities

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