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'China has destroyed its stock market in order to save it'

2015-07-09 02:36:54| Oil & Gas - Topix.net

China has announced a blanket ban on major shareholder selling for the next six months to try to curb crashing prices on Shanghai markets. The China Securities Regulatory Commission's announcement - number 18 for 2015 - orders shareholders with more than 5% to stop selling shares, because the stock market has become "irrational."

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