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China Stocks Stabilize as Market Controls Tighten

A massive operation to steady China’s stock market appears to be finding its footing as shares rebounded again on Wednesday, with Shanghai’s main index closing up nearly 2.3 percent. But the government moves limiting volatility and encouraging longer-term investment have dramatically lowered trading volume. Some analysts see the government’s intervention as running the risk of hurting the market in the name of saving it. According to Bloomberg news, contracts...

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