CSRC vice chairman Li Chao told the Hong Kong International Financial Leaders
Investment Summit the regulator will fully safeguard capital-market stability.
He said that since the start of the year, faced with multiple
larger-than-expected external risk inputs the CSRC has tightened monitoring and
market-stabilization mechanisms, reinforced market-stability foundations, is
improving the institutional ecosystem for long-term capital, advancing public
mutual fund reform and pushing pension, annuity and insurance funds to increase
their scale and share of market allocations.