CSRC Will Strive To Maintain Capital Market Stability

China’s top securities regulator will make every effort to maintain the stability of the capital market, and resolutely eliminate any regulatory vacuum, the state-run Xinhua News Agency reported citing Yi Huiman, chairman of the China Securities Regulatory Commission. The CSRC will strengthen the monitoring of stock market trading behaviors and capital flows, and collaborate with relevant departments to increase supervision of debt risks of large companies, said Yi. It will also increasingly promote investment-side reforms and attract more medium- and long-term funds to enter the market, as well as solidly promote the implementation of a new three-year plan to improve the quality of listed companies, according to Yi.