BEIJING – China’s securities regulator has pledged to deepen reforms in its capital markets and further open them up in the second half of this year. This move is part of the country’s efforts to implement policy support announced by its top leaders.
The Politburo, the ruling Communist Party’s top decision-making body, has promised to enhance policy support for the economy following a challenging post-COVID recovery. This pledge has resulted in a significant surge in China’s stock benchmark.
The China Securities Regulatory Commission (CSRC) announced late on Tuesday its commitment to promoting the healthy development of platform companies and maintaining stable financing channels for real estate firms in the capital markets.
The regulator also emphasized the importance of maintaining stability in the operation of capital markets and striking a balance between the primary and secondary markets during its mid-year work meeting.
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Omprakash Tiwary is a business writer who delves into the intricacies of the corporate world. With a focus on finance and economic landscape. He offers readers valuable insights into market trends, entrepreneurship, and economic developments.
Denial of responsibility! Samachar Central is an automatic aggregator of Global media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, and all materials to their authors. For any complaint, please reach us at – [email protected]. We will take necessary action within 24 hours.
