EconomyAnalysts warn massive state buying cannot reverse China’s stock slide
Visible state-backed buying helped lift the CSI 300 Index 0.68% on Wednesday morning, but analysts say it will not create a lasting rally in China’s struggling stock market. State entities known as the “national team” have invested as much as 170 billion yuan (US$25.5 billion) this month.
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South China Morning Post★★☆☆☆2026-10-28 06:00Original
Analysts warn massive state buying cannot reverse China’s stock slide
Economy