New market-boosting measures likely on table

Yi Huiman, the newly appointed chairman of China's securities watchdog, may introduce innovative strategies to boost the country's capital markets, experts said.

Yi, 54, former chairman of the Industrial and Commercial Bank of China, was named head of the China Securities Regulatory Commission, taking over duties from Liu Shiyu, Xinhua reported over the weekend.

"Being a veteran business leader can be a distinctive advantage for Yi. As an entrepreneur, he probably understands the capital markets more from the market perspective," said Hong Rong, founder of Hongda Education.