Business & Finance
China to Convene Meeting on Supporting Stock Market, Reports Say
Key Points
China to Convene Meeting on Supporting Stock Market, Reports Say China’s central bank and its securities regulator will hold a meeting on Monday to discuss the use of tools designed to support the country’s capital market, according to local media. The People’s Bank of China will meet with the National Financial Regulatory Administration, China Securities Regulatory Commission and major banks to study how to improve a relending program for share buybacks and stake increases, Cailian reported...
China to Convene Meeting on Supporting Stock Market, Reports Say
China’s central bank and its securities regulator will hold a meeting on Monday to discuss the use of tools designed to support the country’s capital market, according to local media.
The People’s Bank of China will meet with the National Financial Regulatory Administration, China Securities Regulatory Commission and major banks to study how to improve a relending program for share buybacks and stake increases, Cailian reported on Sunday, citing people in the industry.