A rocky start for Chinese equities has led its securities regulator to reassure markets with various measures to control volatility underway.
China Securities and Regulatory Commission (CSRC) said it would adopt various measures to avoid market turbulence, according to state media reports citing the watchdog’s chairman Yi Huiman.
The securities regulator will evaluate the timing and conditions before rolling out new policies.
Rocky Start
Yi’s made similar comments about new regulatory measures last week and he reiterated them again following a rocky start to Chinese stock markets.
The CSI 300 Index traded consecutively lower for the first three days of the year, totaling a 2.5 percent drop, marking the worst start to the Chinese market since 2016.
