Global Times: Now it's time to phase in market-oriented, law-based, internationalized oversight system to guide China's stock market growth: scholar
BEIJING, Feb. 27, 2024 /PRNewswire/ -- There is a consensus among Chinese regulators over the need to ratchet up the confidence of market participants to draw further investment to the equities market.
- The implementation of an across-the-board registration-based IPO system has triggered the reshaping of China's capital market.
- From the perspective of investor concerns, enhancing the quality of listed companies and investment returns is one major task.
- More importantly, the authorities need to step up punishment and deterrence for violations of laws and regulations in the market.
- In addition, market expected that the US Federal Reserve will cut interest rates this year, leaving more room for monetary policy easing in China.