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المشهد العربي
Chinese funds invest $9B to stabilize stocks
The government funds and financial institutions in China intervened extensively to inject approximately $8.9 billion in liquidity aimed at supporting the local stock market, following a significant decline in trading at the end of the previous week. Stock buyback transactions totaling about 60 billion yuan were carried out, which helped the stock indices overcome downward pressures and posted gains contrary to the trend of other Asian markets. This move was part of an effort to promote stability and neutralize external risks to the capital market.
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