The Central Bank of China said it would support a sovereign fund if it needed its decision to buy more shares firmly supported. The People’s Bank of China will be financing aid via a relay program to Central Huijin Investment Ltd. Increase when it is necessary to protect the stability of capital markets, it states in a statement on Tuesday. China’s state -supported funds, including Central Huijin, had earlier announced plans to buy local shares in an effort to support the market injured by US rates. Disclaimer: This story was published from a wire agency feed without changes to the text. Only the head has been changed.
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