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PBOC to strengthen real-time monitoring of stock, bond and FX markets

China will strengthen real-time monitoring of its stock, bond and foreign exchange markets, as part of efforts to address financial risks, said Wang Jingwu, head of the financial stability department at the People's Bank of China (PBOC) in an interview with the Financial News run by the central bank on Thursday.

Wang said the central bank would block the transmission of risks across markets, regions and borders, and prevent abnormal fluctuations and “resonances” in financial markets.

The PBOC will “speed up the push for reform and opening of capital markets, increase the supply . . .

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