Who is China’s new securities regulator, the ‘broker butcher’
President Xi Jinping's government has implemented measures to address China's stock market rout, including caps on brokerages' cross-border total return swaps and a potential government rescue package. Efforts are being made to guide institutional investors to increase A-share holdings, while the People's Bank of China has cut bank reserve ratios. https://ift.tt/Ys9RN0S
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