China's top securities regulator says priority is helping market confidence recover

China's top securities regulator says priority is helping market confidence recover
  • Country:
  • China

China's top securities regulator said on Thursday that the country would continue to "comphrensively deepen" capital market reform, and that the top priority is to help market confidence recover amid the COVID-19 pandemic. Yi Huiman, chairman of the China Securities Regulatory Commission (CSRC), also said that China would improve oversight over cross-border misbehaviour in stock markets and strengthen cooperation in the auditing of listed companies.

He said there was zero tolerance toward accounting fraud. Yi was speaking at a financial forum in Shanghai.

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