Panic: China Central Bank Steps In To Bailout Stocks As Underwater Traders Pray For A Rebound

Sunday, July 5, 2015
By Paul Martin

by Tyler Durden
ZeroHedge.com
07/05/2015

On Sunday, the China Securities Regulatory Commission announced that the PBoC is set to inject capital into China Securities Finance Corp which will use the funds to help brokerages expand their businesses and reinvigorate stocks. In other words, the PBoC is now in the business of financing leveraged stock buying.

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