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China fund with US stocks halts trading to calm investor fever

By Inquirer - 10 months ago
SHANGHAI  – A Shanghai-listed fund that holds U.S. stocks took the unusual step of suspending trading on Friday, saying it was necessary to protect investors after prices hit record levels in a scramble for overseas assets. Trading in the exchange-traded fund (ETF) that tracks the MSCI USA 50 Index was halted for the afternoon session,

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