Business
18:47, 30-Oct-2018
China's securities regulator to encourage market liquidity
Updated
18:46, 02-Nov-2018
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China's securities regulator will encourage share buybacks and mergers and acquisitions by listed firms, it said in a statement on Tuesday responding to market concerns about recent sharp moves in markets.
The China Securities Regulatory Commission (CSRC) also said it will enhance market liquidity, reduce unnecessary interference in trading, and create a level playing ground for investors.
CSRC also added it would guide more long-term capital into the markets and encourages institutional investors such as insurers, social security funds, and securities investment funds and assets management products to participate.
Source(s): Reuters