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China moves to stabilize capital market, improve confidence
China has sent a clear signal that more efforts will be made to stabilize the capital market and improve investor confidence. Policymakers were briefed on the operation of the capital market and considerations for related work at a State Council meeting on Monday. The country will further improve the capital market's fundamental system, pay more attention to maintaining a dynamic balance between investment and financing, enhance the quality and investment value of listed companies, increase flows of medium and long-term funds into the market, and strengthen the market's inherent stability, according to the meeting. ... (full story)