Little-known lender in spotlight
By Li Xiang | China Daily | Updated: 2015-07-24 07:59
CSF fund infusions inject fresh energy into China's ailing capital markets
The stock market rout has put the State-owned margin lender China Securities Finance Corp, an obscure financial institution until recently, under the spotlight as any move by the company could potentially cause waves in the market.
CSF, the main government rescuer amid the market turmoil, can feel justified to call its recent market-lifting effort an interim victory after the A shares gained for the sixth consecutive day on Thursday.
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