Asian Market Update: PBoC Steps Up Easing With 100Bps Cut In RRR As Worries Over CSRC Curbs On ...

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China investors grappled with conflicting developments over the weekend, as Shanghai Composite swung between gains and losses. Late on Friday, markets around the world sold off after reports cited CSRC spokesperson "encouraging short selling" by institutional investors so as to crack down high leveraged "umbrella trust" margin trading. Subsequently, CSRC



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