China vows to prop up market to avoid full-blown crash after stocks …
China said on Monday it was prepared to buy shares to stabilize the stock market and avert “systemic risks,” after major indices plunged more than 8 per cent in the biggest one-day fall since 2007.The securities regulator also said market authorities would deal severely with anyone engaged in the “malicious shorting of stocks,” in Beijing’s latest attempt to stave off […]