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More Foreign Cash Are Allowed

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发表于 2016-8-12 16:23:19 | 显示全部楼层 |阅读模式
China plans to more than double the amount of foreign cash allowed in its US$350 billion share markets and suspends domestic initial public offerings indefinitely.
         
          That has propelled stocks as much as 2.5 percent higher in Monday trading.
         
          The government unveiled a series of initiatives to support bourses as it pushes a plan to sell more than US$200 billion in non-traded State shares.
         
          Among other proposed market-boosting steps, the country also plans eventually to give its State-run corporations free rein to buy stocks.
       
         
          
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