CSRC’s Guo Says Stock Intervention Needed at ‘Key Moments’
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China’s securities regulator said intervention in the nation’s stock market is necessary at “key moments” because it isn’t mature, the official Xinhua News Agency reported.
“Volatility is high and don’t forget, China is still a developing country,” Xinhua quoted China Securities Regulatory Commission Chairman Guo Shuqing as saying at a national securities and futures supervision meeting.