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Beijing Is Now Pushing Buybacks and Blocking IPOs to Prop Up Stocks

Source: 247wallst.com

Emerging MarketsMonetary PolicyRegulation & LegislationCapital Returns (Dividends / Buybacks)Investor Sentiment & Positioning
Beijing Is Now Pushing Buybacks and Blocking IPOs to Prop Up Stocks

China’s central bank is subsidizing stock buybacks, while regulators are reportedly telling banks to freeze new listings. Gains in one trading session have already faded, leaving the measures’ implications for investors in Chinese stock ETFs uncertain.

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