MNI China Daily Summary: Monday, April 29

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CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS MON

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China To Accelerate Dynamic, Resilient Capital Market Development

CHINA PRESS
MNI (Singapore)
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China will design rules and formulate policies using market concepts and continue to deepen capital market reform, Xinhua News Agency reported citing Premier Li Qiang. It is necessary to improve issuance, trading and delisting systems to promote a virtuous cycle of investment and financing, said Li. Efforts will be made to improve the quality of listed companies, enhance listed companies' awareness to increase dividends, strengthen supervision, and increase punishment for violations of laws and regulations, Li said.

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China will design rules and formulate policies using market concepts and continue to deepen capital market reform, Xinhua News Agency reported citing Premier Li Qiang. It is necessary to improve issuance, trading and delisting systems to promote a virtuous cycle of investment and financing, said Li. Efforts will be made to improve the quality of listed companies, enhance listed companies' awareness to increase dividends, strengthen supervision, and increase punishment for violations of laws and regulations, Li said.