The China Securities Regulatory Commission (CSRC) on Aug. 18 proposed a number of measures to revive China’s stock market, amid international community’s growing concerns over the sluggish Chinese economy and its global impact.
The reform measures rolled out by the regulator include reducing securities transaction handling fees and simultaneously reducing the commission rate of securities companies; further expanding the scope of margin financing and securities lending targets; improving the shareholding reduction system; optimizing transaction supervision and increasing convenience and smoothness of transactions; and researching the appropriate extension of the trading hours of the A-share market and the exchange bond market.
