Big China Hedge Fund Calls on Government to Buy Stocks, End Rout

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(Bloomberg) -- A leading Chinese macro hedge fund called on the government to set up a stabilization fund to buy stocks, lobbying for direct intervention the...

-- A leading Chinese macro hedge fund called on the government to set up a stabilization fund to buy stocks, lobbying for direct intervention the authorities have refrained from since the 2015 market crash.China Mulls New Stimulus, Higher Deficit to Meet Growth Goal

The hedge fund manager adds to growing calls from economists like Zhongtai Securities Co.’s Li Xunlei, who recommended such a move last month, citing the successful example of the Hong Kong government’s defense against international speculators in 1998. The CSI 300 Index is still down 5% this year even as hopes of fresh economic stimulus bolstered stocks Wednesday. Previous measures to support growth and the property market failed to lift investor sentiment.

Inflation could come roaring back 1970s-style. Here are 4 reasons why markets should be concerned, according to Deutsche Bank.If there are stocks set to explode in the next decade, it's certainly these three. Let's get right into why. The post 3 Canadian Stocks Set to Explode in the Next Decade appeared first on The Motley Fool Canada.

 

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