China’s securities regulator says intervention has stabilised China stock markets, referring to occasions when Beijing directed state funds to shore up a tanking market; retail investors described them as authorities turning on the tap. Photo: Shutterstock

CSRC says state meddling stabilises China stock market

Investors speculate that regular state intervention has continued even after the 2015 market rout that wiped off US$5 trillion in market value was over, with the most recent prominent case in January this year

Topic |   China stock market

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China’s securities regulator says intervention has stabilised China stock markets, referring to occasions when Beijing directed state funds to shore up a tanking market; retail investors described them as authorities turning on the tap. Photo: Shutterstock
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