China Securities Regulator Vows Efforts to Stabilize Market
Live MintChina’s top securities regulator said it will work on building a mechanism to stabilize the market, vowing to anchor market expectations in 2025 after a disappointing start to the new year. The China Securities Regulatory Commission said stability is top of its agenda in 2025 as it pledged to make every effort to induce and maintain the market’s stabilizing and positive momentum, according to a statement following its work meeting on its priorities for the year. The CSRC said it will work with the People’s Bank of China to enhance the effectiveness of two structural monetary policy tools, while strengthening the construction of a market-stabilization mechanism. One of the two structural monetary policy tools the CSRC referred to is a liquidity support facility that allows institutional investors to tap the PBOC for funding for stock purchases.