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China Markets Reel As $1.7 Trillion in Shadow Funds Unwinds

TedTed
in The Bullpen
FYI: A $1.7 trillion source of inflows into Chinese markets has suddenly switched into reverse, roiling the nation’s money management industry and sending local bonds and stocks to their biggest losses of the year.
Regards,
Ted
https://www.bloomberg.com/news/articles/2017-04-24/china-markets-reel-as-banks-unwind-1-7-trillion-in-shadow-funds
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