The Traderszone Network

Published in TZ Latest News 8 July, 2015 by The TZ Newswire Staff

China stocks rebound sharply after Beijing slaps curbs on selling

BEIJING/SHANGHAI (Reuters) – Chinese stocks rebounded around 6 percent on Thursday, as Beijing’s increasingly frantic attempts to arrest a sell-off that has roiled global financial markets finally appeared to gain some traction. In the most drastic step yet to prop up the market, China’s securities regulator banned shareholders with large stakes in listed firms from selling.

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