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Global investors had dumped shares in Chinese companies after Beijing published rules over the weekend that ban for-profit tutoring in core school subjects. China has also launched an anti-monopoly campaign against tech giants.
On Wednesday night, the China Securities Regulatory Commission (CSRC) held a meeting with executives of top global investment banks in a bid to calm financial markets nerves, people familiar with the matter told Reuters.
In what appears to be a coordinated effort, state media including Xinhua, the China Securities Journal and the China Daily all published commentaries arguing local stock and bond markets remain attractive to investors, and that the country was still committed to opening up.