🇨🇳 #China | *CSRC SAYS TO ENCOURAGE LISTED FIRMS TO INCREASE SHARE BUYBACK - BBG *CSRC SAYS TO SUPPORT DEVELOPMENT OF PE INVESTMENT FUNDS *CSRC TO GUIDE FUND FIRMS TO BRING INVESTORS LONG-TERM RETURNS
⚠ CHINA'S SECURITIES REGULATOR: WILL CONTINUOUSLY INCREASE THE SCALE AND PROPORTION OF EQUITY FUNDS
China's 🇨🇳 CSRC announces plans to motivate companies to buy back shares, aiming to enhance foundational systems for long-term investment and to strengthen oversight of long-term capital transactions.
China's Securities Regulatory Commission (CSRC) has announced a series of new measures on Tuesday aimed at enhancing the efficiency of mergers and acquisitions (M&A) among listed companies. These measures are part of Beijing's latest stimulus package to bolster the economy. The CSRC will encourage private equity funds to participate in M&A activities and restructuring of listed firms, particularly in strategic emerging industries and future industries. Additionally, the regulator will motivate companies to buy back shares and enhance foundational systems for long-term investment, while strengthening oversight of long-term capital transactions. The public is being solicited for opinions on a guideline about market value management practices. The CSRC will also support the steady development of equity funds.