CSRC: To Encourage Shr Buyback, M&A; Induce Mid-Long Term Capital Into Mkt
CSRC declared that it will accelerate its work in various fields under the deployment made by the State Council and in response to the market concerns.
First, it will brush up the quality of listed companies by creating incentives for share repurchase and M&A reorganization.
Second, it will optimize transaction regulation, in order to minimize the resistance against transactions and to boost market liquidity.
Third, it will encourage value investment, in pursuit of more mid-long term capital into the market.
Source: AAStocks Financial News