Respite from China’s A-share rescue seen short-lived

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Respite from China’s A-share rescue seen short-lived

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China took more drastic measures over the weekend to restore calm in its roiling stock market, including setting up a stabilisation fund and curbing new IPOs. Shares jumped as much as 8% on the news but ECM bankers say it does not go far enough to put a floor under the sell-off.

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