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Beijing's emergency moves bring some relief to stocks

Tuesday, July 7, 2015 - 05:50

Monday's gains were focused on blue chips, particularly the big banks. In contrast the ChiNext growth board, with some of the giddiest small-cap valuations, fell 4.5 per cent.


CHINESE stocks rose on Monday, as an unprecedented series of support measures unleashed by Beijing brought some relief to a market whose headlong slide over the past three weeks had raised fears about the stability of the world's second-biggest economy.

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