www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Policy Watch

Regulator vows steps to restore market stability

By Li Xiang (China Daily) Updated: 2015-08-08 09:42

Regulator vows steps to restore market stability

Chinese investors look at prices of shares at a stock brokerage house in Nanjing city, East China's Jiangsu province, August 7, 2015.[Photo/IC]

China's securities regulator said on Friday that maintaining stock market stability and restoring investor confidence are still its top priorities, despite the recent turbulence which dampened market sentiment and trading volume.

The regulator has met with all major securities brokerages and funds and urged them to better control their margin trading and short sales business, both of which have been blamed for the recent roller-coaster ride in the A-share market, according to Deng Ge, the spokesman of the China Securities Regulatory Commission.

Zhang Yujun, assistant chairman of the CSRC urged financial institutions to prudently control their scale of assets in leveraged trading and said these should be appropriately matched with the capital position and risk management capability.

Zhang also reiterated that the regulator has banned risky margin financing through non-brokerage channels and will step up the crackdown on using program trading to "maliciously" short the market.

Deng told a news conference on Friday that the regulator will also target speculative trading of stock index futures and prohibited futures companies from offering margin lending for clients to trade futures contracts.

The A-share market rallied on Friday, with the benchmark Shanghai Composite Index rising 2.26 percent to close at 3,744.2 points. The smaller Shenzhen Component Index gained 2.67 percent to close at 12,753.05.

US investment bank Goldman Sachs Group Inc has estimated that the Chinese government has injected up to 900 billion yuan ($147 billion) in the past two months to try to prevent a market meltdown.

Bloomberg also reported that State-owned margin lender China Securities Finance Corp has been seeking an additional 2 trillion yuan to buy stocks. The move would bring its total market-rescue fund to 5 trillion yuan.

The government has also adopted a series of measures to halt the recent market rout that wiped out nearly $4 trillion in market value. The regulator has halted new share offerings and banned major shareholders from selling shares in their companies for six months.

Rumors that the regulator may once again permit listed companies to augment capital with additional share issues have also weighed heavily on market sentiment.

Xu Biao, chief strategist with Essence Securities Co said the move will hit the market in the short term, but will dissipate in the long term.

On Friday, the regulator said it will continue to clamp down on insider trading which has seriously hurt the market order and investor interest.

Deng said the market regulator will specifically target the act of prying for non-public information through advantageous social connections and leaking market-sensitive information through online social networks.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 久久久久久久久a免费 | 鲁丝片一区二区三区免费 | 一个人看的日本免费视频 | 在线久草| 一级毛片aaa片免费观看 | 麻豆第一页 | 99视频在线观看免费视频 | 男人添女人下面免费毛片 | 99精品久久精品一区二区 | 亚洲欧洲国产成人综合一本 | 欧美a在线 | 国产大学生自拍 | 日韩欧美在线视频一区二区 | 午夜精品影院 | 一级片www| 2022麻豆福利午夜久久 | 免费看黄色三级毛片 | 亚洲午夜影视 | 成人免费大片a毛片 | 国产一区二区免费播放 | 窝窝午夜精品一区二区 | 成人午夜毛片 | 国产精品女上位在线观看 | 国产美女一区二区三区 | 日本国产精品 | 波多野结衣免费观看视频 | 国产午夜视频 | 国产美女精品三级在线观看 | 久久综合给会久久狠狠狠 | 精品国产日韩亚洲一区二区 | 国产在线视频网址 | 日韩欧美一及在线播放 | 欧美一级片毛片 | 午夜免费毛片 | 一级成人a免费视频 | 在线成人天天鲁夜啪视频 | 国产在线精品一区二区不卡 | 国内自拍视频在线看免费观看 | 99精品欧美一区二区三区美图 | 欧美日本高清 | 欧美三级视频在线观看 |