October 11, 2011 at 01:16 AM EDT
China's Move to Prop Up Bank Shares Will Not Change Sentiment: Analysts
Shares of China's "big four" banks rose sharply on Tuesday after a unit of the country's $400 billion sovereign wealth fund - Central Huijin Investment - increased its stake in the lenders. However, three analysts tell CNBC that while the intervention to boost investor confidence in China's financial system is encouraging, the move will not change market sentiment.
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