ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Chinese government-backed funds snap up stocks to halt plunge

Correction comes amid worries of asset bubbles, US yields and overvaluation

HONG KONG -- Funds backed by the Chinese government on Tuesday bought shares to limit the rout in domestic stocks after China's main index tumbled into correction territory.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more