China’s top securities regulator urge long-term investors to buy back stocks, vows to support financing by Covid-hit private companies
China’s top securities regulator urge long-term investors to buy back stocks, vows to support financing by Covid-hit private companies

China’s top securities regulator urge long-term investors to buy back stocks, vows to support financing by Covid-hit private companies

 

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China’s top securities regulator calls on long-term investors to purchase more stocks and major shareholders of listed companies to increase holdings when stocks slump, in a move to stabilize a stock market roiled by the latest COVID-19 outbreaks in China.

In a late-night statement on Monday, the China Securities Regulatory Commission (CSRC), along with the State-owned Assets Supervision and Administration Commission of the State Council (SASAC) and the All-China . . .

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