Posted inChina

Market bolstered by more than US$43.22 bn in bailout funds

Reducing the “shares pledge” risk for listed companies and easing financing difficulties for private enterprise have become top priority in the current economic climate, Economic Information Daily reported. According to a calculation by the Daily, more than 300 billion yuan (US$43.22 billion) in bailout funds from financial institutions and local governments are boosting the market. […]