China regulators ask funds to stabilise markets ahead of Party Congress - sources

Reuters| Shanghai | China

Updated: 27-09-2022 08:04 IST | Created: 27-09-2022 08:04 IST

China's regulators recently told some fund managers and brokers to avoid massive equity sales ahead of next month's Party Congress, in an effort to avoid big market fluctuations, two sources with direct knowledge told Reuters.

The instructions were give through the so-called "window guidance", with no written documents, one of the sources said.

Also Read: China's third-ranked leader Li Zhanshu holds talks with Speaker of Nepal's Parliament

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

READ MORE ON

China

READ MORE

OPINION / BLOG

LATEST NEWS

VIDEOS

View All