china to stabilise stock market for number of years
Last Updated : GMT 06:49:16
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Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

China to stabilise stock market for 'number of years'

Arab Today, arab today

Arab Today, arab today China to stabilise stock market for 'number of years'

Stock market in China
Shanghai - Arab Today

China's market regulator on Friday vowed to stabilise the volatile stock market for a "number of years", saying a state-backed company tasked with buying shares will have an enduring role.

"For a number of years to come, the China Securities Finance Corp will not exit (the market). Its function to stabilise the market will not change," the China Securities Regulatory Commission said in a statement on its official microblog.

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