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| Friday, October 10, 2008 21:03:25 |
New fund approvals suspended
The China Securities Regulatory Commission (CSRC) has suspended approvals for new fund products, the official Xinhua News Agency reported. The halt on new funds comes as the securities regulator moves to cool capital inflows into the booming stock markets, which hit a record high 5,500 points Tuesday. The regulator is also encouraging overseas investment through the Qualified ...
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