China’s tech rout: stocks regulator joins chorus of care and support for beleaguered investors with market-friendly policies

//China’s tech rout: stocks regulator joins chorus of care and support for beleaguered investors with market-friendly policies

China’s tech rout: stocks regulator joins chorus of care and support for beleaguered investors with market-friendly policies

China will encourage publicly traded companies to buy back their shares and money managers to invest in their own funds, offering investor-friendly policies to bolster the world’s second-largest capital market amid an unprecedented rout.The government will continue to widen access to the capital market and maintain Hong Kong’s market stability through stronger cross-border collaboration, the China Securities Regulatory Commission (CSRC) said on its website late Wednesday.The CSRC’s statement…

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By | 2022-03-17T06:41:12+00:00 March 17th, 2022|Headlines|Comments Off on China’s tech rout: stocks regulator joins chorus of care and support for beleaguered investors with market-friendly policies