China's securities regulator, the China Securities Regulatory Commission (CSRC), has publicly refuted claims of a ban on share selling, emphasizing its commitment to enhancing market supervision. The regulatory body clarified that recent measures taken by the Shanghai and Shenzhen stock exchanges to penalize abnormal trading behaviors are aimed at reinforcing trading supervision responsibilities, rather than restricting selling activities. Additionally, the CSRC announced plans for stricter penalties against market misconduct to bolster market confidence. This includes a more rigorous scrutiny of IPO companies to detect any violations, although it denied rumors of a retrospective review of IPOs conducted over the past decade. The overarching goal of these initiatives is to reform and strengthen China's financial sector, ensuring it supports economic development and serves the interests of the public.