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PBOC c.onducts open market operations

China's central bank added funds to the financial system through open market operations on Sunday, after injecting a record amount of cash last week and offering liquidity support to some lenders. The monetary authority added a net 60 billion yuan ($8.7 billion), using 14-day and 28-day reverse repurchase agreements. The People's Bank of China pumped in a net 1.13 trillion yuan last week.

Former hedge fund manager sentenced