Mr. Zhang also rejected claims that the China Securities Finance Corporation, the state - backed entity charged with managing
the market stabilization fund, has withdrawn support.
The authorities responded to the sell - off, which began in June, by introducing a 120 billion renminbi, or $ 20 billion,
market stabilization fund that is backed by the central bank.
Authorities suspended initial public offerings, introduced a $ 120 billion
market stabilization fund backed by the central bank, and encouraged executives to buy company shares.
Not exact matches
GATA specifically alleges that the U.S. Treasury's Exchange
Stabilization Fund has been used, contrary to official denials, for gold
market interventions.
The Ghana Cocoa Board (COCOBOD) has replied the Minority in Parliament saying that the Cocoa
Stabilization Fund, was not set up to ensure an increase the producer price after a fall in world
market prices.
Secretary Paulson announced a temporary program through which the Treasury will use the $ 50 billion in the Exchange
Stabilization Fund to protect investors in money market mutual funds from any losses should their fund «break the buck» during the next y
Fund to protect investors in money
market mutual
funds from any losses should their
fund «break the buck» during the next y
fund «break the buck» during the next year.
The company also intends to contribute to «
market stabilization by providing new trading opportunities in cryptocurrency for institutional investors» through the creation of a crypto derivatives
market and management of crypto hedge
funds.
Judi Kende, vice president and New York
market leader at Enterprise Community Partners, urges the New York State Legislature to strengthen rent laws and provide enough
funds for enforcement efforts, with the goal of preventing affordable units from leaving the rent
stabilization system and curbing tenant harassment.
• The Administration's Hardest Hit
Fund and Neighborhood
Stabilization Programs have fueled local foreclosure prevention efforts and
market stability.