China's securities regulator is set to meet market participants on Monday to discuss measures aimed at stabilising the country's equity markets after a sharp sell-off erased nearly 10 trillion yuan ($1.48 trillion) in market value over the past two weeks, according to official media. The move comes alongside fresh buying by state-backed investors to help arrest the decline in share prices.
According to a Reuters report, the China Securities Regulatory Commission (CSRC) has invited representatives from across the financial industry to discuss proposals that could support the stable and healthy development of the country's capital markets. The meeting is expected to gather feedback from key market participants on potential policy measures.
