
(Bloomberg) – When the week started, JPMorgan Chase & Co. analysts warned that China’s internet stocks were “uninvestable.” The world is in a different place now.
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Following a string of dramatic interventions by Beijing, the worst selloff in Chinese markets since 2008 turned into a historic surge, catapulting the country’s US-listed technology firms into a rebound not seen before.
China Put Can Be Game Changer for Stock Market After Global Rout comes via ChinaTechNews.com.