UPDATE 2-China details stock rescue fund, markets jump

Newswire

(Add market, details, analysts' quotes) By Lu Jianxin SHANGHAI, Sept 29 (Reuters) - China launched on Thursday a multi-billion dollar fund that will step in to protect investors when brokers go bust and act as a guardian of good practice for the nation's struggling stock market. The much-anticipated emergency fund -- which analysts and investors hope could amass up to 50 billion yuan ($6.2 billion) -- will be managed jointly by a trio of powerful government economic agencies and is ...

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