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• Which is more tasty? China’s apple futures craze, or mainland’s stock market
Brief : An apple frenzy is gripping China, as the country's recently launched futures for the fruit hit a fresh record high on Wednesday, attracting nearly US$60 billion of fund inflows, close to the combined turnover of US$63 billion for the Shanghai and Shenzhen stock markets.
To curb trading risks, the Zhengzhou Commodity Exchange announced Wednesday it will raise commission fees for investors to close their positions in apple futures, only a few days after it imposed higher margin...
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