China's securities regulator said it will step up supervision over stock transactions to prevent risks as after the market rally is prompting more investors to take on debts to make stock investment.
"We have noticed recent reports on margin lending. We will closely watch the issue and step up supervision over the process of stock transactions," said China Securities Regulatory Commission (CSRC) said in a press conference on Monday.
To continue reading, please subscribe. You will get
- Original and in-depth reporting on China's economy and financial markets
- Details, data and perspectives you don't read elsewhere
- THE WIRE - a Real-Time News platform that delivers everything important about China's economy, companies, stocks, bonds, commodities and the yuan.
- Daily Brief newsletters to get you prepared for every trading day
We highly value independence. We are solely funded by subscriptions from thousands of readers like you.
Already have an account? Sign In