Caixin
Jul 28, 2015 06:30 PM

Villain or Hero for Stock Market Saga?

(Beijing) – An obscure equities-trading finance agency that brokers often slighted in favor of bank loans has suddenly taken center stage in the drama playing out in the stock market.

But reviews are mixed over whether the four-year-old, quasi-government China Securities Finance Corp. (CSF) is playing villain or hero in connection with a huge and, as of late July, continuing investor sell-off on the Shanghai and Shenzhen stock exchanges.

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