Yi Huiman, the newly appointed chairman of the Chinese Securities Regulatory Commission, said the country's capital markets still contain many risks.
China's newly appointed securities regulator said Wednesday that the country's capital markets still contain many risks. "Right now, due to the impact of many domestic and foreign factors, the capital market risk situation is still grim and complex," Yi Huiman, chairman of the Chinese Securities Regulatory Commission, said in Mandarin during a press conference, his first in the role.
-China trade tensions, government support and foreign inflows. The Shanghai composite is up more than 20 percent from a low hit in early January, putting the index back into bull market territory. The CSI 300 and Shenzhen component have climbed at a faster pace, up more than 23 and 26 percent, respectively, for the year so far.
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