China moves to calm markets after tech sell-off
Part of composite article China Pours Billions Into Chips and Calms Markets After Tech Rout View full article →
China's top securities regulator has signaled new support for the domestic A-share market. The move follows a sharp sell-off in technology shares driven by concerns over US sanctions.
The China Securities Regulatory Commission (CSRC) held a symposium in Beijing on Saturday. Executives from listed companies, experts from securities firms, and fund managers attended.
The meeting aimed to "discuss the country's capital markets" and shore up investor sentiment, according to the regulator.