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Chinese stock investors stay on the sidelines even as state intervention gathers pace

Chinese investors refrained from bets on stocks this week, even as state support unfolded after Beijing unveiled a litany of measures to shore up confidence in the world’s second-largest equity market. Leveraged traders trimmed their holdings to a one-year low this week, while new stock-account openings dropped by more than 30 per cent in October, according to official data. The retreat in retail…

Chinese stock investors stay on the sidelines even as state intervention gathers pace

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