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Long road ahead for new CSRC head

By Ed Zhang and Chen Jia ( China Daily ) Updated: 2013-03-20 07:30:51

Xiao Gang pledges to continue predecessor's securities reforms

The stock markets in both Shanghai and Shenzhen tumbled on Monday, right after Xiao Gang, former chairman of Bank of China, was appointed to succeed Guo Shuqing as chairman of the China Securities Regulatory Commission.

Tuesday's trading was normal but didn't show much of a gain.

Long road ahead for new CSRC head

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