Business · Markets · 1 hr ago

China securities regulator meets market figures after sharp sell-off

China securities regulator meets market figures after sharp sell-off

China’s securities regulator met executives from listed companies and experts from securities firms and fund managers in Beijing on Saturday.

The meeting was chaired by China Securities Regulatory Commission chairman Wu Qing.

Participants discussed the country’s capital markets and financial conditions, and Wu sought their views on the market.

The meeting came after a sharp fall in Chinese shares.

The CSI 300 Index dropped 12 per cent in the third quarter.

The technology-focused Star Market 50 fell 31 per cent over the same period.

The regulator did not announce specific next steps in the information provided.

Sources

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