Banking (General)  Other  

CSRC releases notice to stabilize equity markets, bolster sentiment

China’s financial regulators are going all out to stabilize sentiment and expectations among companies and investors amid a worrying economic slowdown fueled by stringent COVID-19 lockdowns and a string of ongoing regulatory crackdowns – most notably in the tech space. Every financial regulator has been told to get behind the FSDC’s campaign to boost the economy and markets, and as the agency responsible for supervising the equity market, the CSRC’s focus is to reassure investors and companies that they hear their concerns and want to help…

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