Wu Qing, China’s top securities regulator, held a symposium with representatives from foreign institutional investors, promising more stable and predictable policies in a bid to shore up market confidence.
“We hope that foreign institutions will leverage their strengths as international investment banks and institutions, adhere to a long-term approach and act as a bridge for communication with global markets,” said Wu, chairman of China Securities Regulatory Commission (CSRC), during a meeting with representatives of 10 foreign-invested institutions, including brokerages, fund managers and futures companies.
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