China's Market Regulator Prioritizes Confidence Restoration

Reported about 9 hours ago

China's top financial market regulator emphasized the importance of 'stabilising the market, stabilising confidence, and stabilising expectations' as the government seeks to enhance capital access for leading technology. Wu Qing, head of the Securities Regulatory Commission, noted that restoring confidence has been a focus since the implementation of stimulus measures aimed at supporting President Xi Jinping's vision of establishing China as a financial powerhouse, while also addressing the need for better financing for innovation in various tech sectors.

Source: YAHOO

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