Monday, 14 March 2016

China Regulator Says no Pans Now to Sell Shares Bought last Summer, Best Intraday Market Tips

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China's new stock market regulator head Liu Shiyu said on Saturday it is too early for the government to exit from stock market investments made as part of its efforts to calm markets last summer. 

"As for the exit of China Securities Finance Corp (CSFC), frankly speaking, I haven't thought about it. And in a considerable long time, it's still too early to discuss the exit of CSFC," said Liu, who was appointed chairman of China Securities Regulatory Commission in February after his predecessor Xiao Gang was fired.

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