CSRC Introduces Policies to Stabilize Capital Market

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(AsianFin)—China Securities Regulatory Commission (CSRC) Vice Chairman Li Chao unveiled a series of policy documents on Friday, in line with the CSRC's emphasis on building the "one cornerstone" and "five pillars" to meet the intrinsic stability requirements of the capital market. "One cornerstone" refers to high-quality listed companies. "Five pillars" refer to a more reasonable c