USEUROPEAFRICAASIA 中文双语Français
Home / China

Capital market reform

China Daily | Updated: 2016-04-06 09:10

Reform of China's stock market policies must be carried out cautiously and in line with actual market conditions, an editorial in China Business News said. Following is an excerpt from the editorial:

In the wake of last year's turbulence in the A-share market, Liu Shiyu, chairman of the China Securities Regulatory Commission, told the media that China's capital market must be regulated in a manner that is market-oriented and governed by law.

The regulatory chief, who pledged to press ahead with the introduction of a registration-based initial public offering system, said under no condition will China reintroduce a circuit-breaker mechanism in the coming few years. The mechanism was dismantled in January after it triggered sharp falls in stock indexes.

Capital market reform

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US