Investor confidence in China's stock market improved in July after the government stepped in to halt a share price slide, China's official Shanghai Securities News reported on Wednesday.
The newspaper cited a survey by China Securities Investor Protection Fund Corporation, a state-owned fund set up to protect the rights of securities investors, which said investor confidence in the stock market rose in July to 59.6, up 1.9% from June.
The index is measured on a scale of 1 to 100, where a level above 50 signifies confidence.
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The newspaper cited a survey by China Securities Investor Protection Fund Corporation, a state-owned fund set up to protect the rights of securities investors, which said investor confidence in the stock market rose in July to 59.6, up 1.9% from June.
The index is measured on a scale of 1 to 100, where a level above 50 signifies confidence.
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