Wu Qing, the new head of the China Securities Regulatory Commission, had been in the job for less than a month when he took to the stage for a high-profile.
China’s state-run funds have stepped up their intervention this year, as indicated by a sudden surge in the combined assets of the top five exchange-traded funds that track major onshore benchmark indices.
China’s securities regulator rolls out a slew of measures in a bid to reverse a stock market rout that is seen threatening the financial system and posing a risk to social stability.