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Breakingviews – China would be wise to limit Eckstein investors

HONGKONG (Reuters Breakingviews) – China would be wise to avoid cornerstone investors taking too much of the burden. Tech stars like Alibaba may be encouraged to sell stocks to bolster home prices, and Foxconn has just done something similar for its IPO in Shanghai. This practice can prevent fluctuations in the stock markets, but also distort the markets. A motorcycle …

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