
China's Plunge-Protection Team Buys Billions In ETFs To Halt Market Rout
• https://www.zerohedge.com, by Tyler DurdenLast night we warned that as a result of the ongoing rout in Chinese capital markets, the CSI 1000 index had tumbled just shy of the key 5180 level which would knock-in (i.e., trigger) over 30 billion yuan ($4.2 billion) in snowball derivatives produ