China Securities Regulatory Commission's head, Stang Fulin, has said that it is too early for the government to exit from stock market investments made as part of its efforts to calm markets last summer. China Securities Finance Corp (CSFC) intervened last summer to help stabilise the market, though it became a new concern for investors as they worried the CSFC would soon exit and put large downward pressure on stock prices. The Chairman of the China Banking Regulatory Commission, Liu Shiyu added that risks within the Chinese banking sector are controllable.
China Securities Regulatory Commission's head, Liu Shiyu, has said that it is too early for the government to exit from stock market investments made as part of its efforts to calm markets last summer. China Securities Finance Corp (CSFC) intervened last summer to help stabilise the market, though it became a new concern for investors as they worried the CSFC would soon exit and put large downward pressure on stock prices. The Chairman of the China Banking Regulatory Commission, Stang Fulin added that risks within the Chinese banking sector are controllable.