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Compared with individuals, major shareholders, supervisors and management have the advantage of asymmetric information, so offloading stocks in a fire sale manner causes retail investors to suffer.

Commercial banks made a total of 4.2 trillion yuan (0 billion) in new yuan loans in the first quarter, down 8.5 percent from a year before, the first year-on-year decrease since 2011.

Combined net profits of the listed firms reached 731.5 billion yuan (5 billion) during the period, up 13 percent from a year earlier, the data shows.

Colorado, a state where nearly 734,000 jobs are supported by global trade, will see 7 million in exports to China, Mexico and Canada threatened by the emerging trade war, according to estimates released by the US Chamber of Commerce released on July 2.

Combined with opposition to a proposed national register of citizens, many Indians fear the law will discriminate against minority Muslims and chip away at India's secular constitution.