China's securities regulator gathers market ideas to steady stocks
Chairman Wu Qing met listed companies and brokerage and fund experts over the weekend to collect suggestions for improving capital markets.
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What happened
China's securities watchdog held a seminar with market participants over the weekend. Its chairman, Wu Qing, met listed companies and experts from brokerage and fund management to hear suggestions on improving the country's capital markets. The move is the government's latest effort to support a struggling stock market.
Why it matters
The effort comes as a stock selloff deepens, according to the reports. The government is seeking ways to support the market.
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