China Recalibrates the Market: Why the State Sold $68 Billion in Stocks Now

China’s recent stock sales were not a routine bout of profit-taking but a calculated shift in market management.

By selling nearly $68 billion worth of shares, authorities signaled a move from unconditional support toward actively curbing excessive rallies.

The strategy aims to cool speculation, prevent bubbles, and foster a more sustainable bull market rather than trigger a broad sell-off.