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Shanghai exchange repo rate surges the most in 2 months

World-beating stock market in China and rallies in newly listed shares drawing investors
Thursday, May 21, 2015 - 05:50

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The interest rate for overnight loans on the Shanghai Stock Exchange on Wednesday surged the most in two months on increased demand for funds from initial public offerings (IPOs).

Shanghai

THE interest rate for overnight loans on the Shanghai Stock Exchange on Wednesday surged the most in two months on increased demand for funds from initial public offerings (IPOs).

A world-beating stock market in China and rallies in newly listed shares are drawing

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