China Announces Plans to Stabilize Capital Markets and Boost Investor Confidence
• China moves to stabilize capital market, improve confidence by briefing policymakers on capital market operations and considerations • Will improve capital market's fundamental system, balance investment and financing, enhance quality of listed companies • More reforms to investment side of capital market, promote counter-cyclical investment by institutions, improve investment channels • Improve quality evaluation and supervision of listed companies, guide them to repay investors through share repurchases and dividends • Will take stronger measures to stabilize market, hedge risks, enrich policy tools, coordinate government policies related to capital market