The CSRC is set to convene on Monday as state-backed firms buy 60 billion yuan of stocks amid market turbulence.

State-backed enterprises unleash billions in capital to stem a brutal sell-off

The CSRC is set to convene on Monday as state-backed firms buy 60 billion yuan of stocks amid market turbulence.

China deploys over $7.38 billion in state fund purchases after the STAR Market drops 25%, with CSRC organizing emergency stability talks for July 20.

Chinese state-backed investors China Reform Holdings and China Chengtong have announced fresh equity purchases to stabilise markets after a sharp sell-off. The firms deployed…

China's securities regulator will meet market participants to discuss equity market stabilization. State-backed investors are also buying shares to help arrest the decline. The…