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Chinese Stocks Rise on Reported Sell-Order Limits

Alibaba and Futu shares rose after Chinese authorities reportedly restricted sell orders during Asia trading, a potential signal Beijing wants to support its stock market.

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  • BenzingaShares of U.S.-traded Chinese companies are trading higher amid speculation that China government authorities intervened to limit the placem
“Or it's a government stuffing a cork in a leaking boat, Vera. Nobody should relax. We'll bring you updates as they come in.”
Dale Bearman, BBN
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