China’s “national team” has stepped back from its dominant role in the country’s biggest stock ETFs, pointing to efforts to rein in an overheated rally earlier this year https://t.co/iY2VkQw3Le ...

For years, investors in China’s stock market took comfort in an unseen backstop: the so-called national team, quietly deploying vast firepower to cushion selloffs and stabilize prices. The script flipped last week. https://t.co/cj0mA3Zs2u ...