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VCSC Daily - Locals buy on ETF redemptions – FDI stable – JVC AGM

Investors look to bargain from ETF redemptions Bargain hunters helped stocks on both exchanges rally from early foreign selling pressure (again due to ETF redemptions overnight), to end a 4-day losing streak on the HOSE and HNX. Investor sentiment, however, appeared to have improved as China’s central bank stepped to stabilize its money market and liquidity issues.