Top financial regulators considering adding capital to stock market
By Zhou Lanxu and Wang Keju | chinadaily.com.cn | Updated: 2024-09-24 11:36
China's top financial regulators said on Tuesday that they are considering additional concrete steps to usher more capital into the stock market.
Pan Gongsheng, governor of the People's Bank of China, said the country's central bank is studying the establishment of a stock stabilization fund, Securities Times reported on Tuesday.
Wu Qing, chairman of the China Securities Regulatory Commission, told a news conference that the CSRC, together with relevant parties, will support Central Huijin Investment in further boosting its stock holdings and help expand its investment scope.
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