Another market plunge on Monday – the second sharpest daily fall ever for A shares – came on the back of speculation that Beijing would withdraw market support, said Coutts. The private bank’s investment strategist Rashmi Sadhwani added in a note however, that this is likely untrue, and policy support should continue. The bank’s China asset allocation strategy continues to…
Beijing support to stay despite rumours, says Coutts
30 July 2015
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