JUST IN: Chinese regulatory authorities will take multiple measures to jointly build a mechanism for stabilizing the stock market, China Securities Journal reported
🇨🇳 Chinese regulatory authorities will take multiple measures to jointly build a mechanism for stabilizing the stock market, China Securities Journal reported, citing strategists. *Link (Chinese): https://t.co/PImtyhlUjI
CSRC outlines priorities to resolutely stabilize stock market https://t.co/jdf8PNnhOu https://t.co/DsTr7W0EHx

Chinese regulatory authorities have announced a series of measures aimed at stabilizing the stock market, as reported by the China Securities Journal. The China Securities Regulatory Commission (CSRC) has outlined its priorities to address the ongoing market slump, pledging increased support for US-listed shares of Chinese firms, which saw a rise in premarket trading following this announcement. These efforts are part of a broader strategy to create a mechanism for market stabilization, reflecting concerns over recent volatility in the Chinese stock market.
