John FitzGerald
10-11

$三倍做多富时中国ETF-Direxion(YINN)$ HONG KONG/SHANGHAI, Oct 10 (Reuters) - China's central bank said on Thursday it would start accepting applications from financial institutions to join a newly created funding scheme, initially worth 500 billion yuan ($70.62 billion), to aid the capital market.

The People's Bank of China (PBOC) said eligible securities firms, fund companies and insurers can apply to join the swap scheme, which gives them easier access to funding to buy stocks.

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