China's state media moves to reassure rattled investors after rout wiped US$574 billion off stock market

China’s state media are on a mission to talk up the battered stock market and reassure rattled investors after a rout on Monday that erased more than US$570 billion from Chinese stocks listed at home and abroad. The panic sell-off provides an opportunity to “buy on dips” – meaning to invest in stocks that have plummeted in price – as there are no fundamental changes in the onshore market, according to an article published by the Securities Times , which is run by Communist Party mouthpiece the People’s Daily . The Shanghai Securities News , which is owned by the…