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MNI BRIEF: China To Ensure Stability Of HK Markets-Liu He

MNI (Singapore)
BEIJING (MNI)

Mainland China and Hong Kong regulators will enhance coordination to ensure the stability of HK financial markets and China welcomes long-term institutional investors to increase holdings of Chinese stocks, said Vice Premier Liu He at a meeting of the China Financial Stability Committee on Wednesday.

China and the U.S have made “positive progress” in discussions about U.S-listed Chinese stocks and China will continue to support its companies to list abroad, Liu noted in a statement published by state-run Xinhua News Agency.

China will also ensure an expansion of new loans, Liu said, adding authorities will work to prevent and defuse risks in property markets and propose measures to support growth, see: MNI (CORRECTED): China Targets Debt Risks With Stability Fund.

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