Three meetings were held in recent days between officials from the China Securities Regulatory Commission , including its head Yi Huiman, and representatives from foreign and domestic investment firms, as well as economists and academics.
China been making more aggressive moves to boost investor sentiment since late July, when the ruling Communist party’s politburo called for measures to enliven capital markets. Regulators have cut the stamp duty on stock trades for the first time since 2008 and pledged to curtail the pace of initial share sales to shore up the market.
The property market will see a “steady recovery” following recent supportive policies such as the easing of mortgage rules, the regulator said.
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