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The Nexus
BUSINESSJul 20 · 06:54 UTCFINANCIAL TIMES WORLD

China’s ‘national team’ buys shares worth $9bn to prop up market

China's state-owned funds purchased $9 billion worth of shares to stabilize the market following a sharp sell-off in AI technology stocks last week. The move aims to prop up stock prices amid recent volatility.

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