China’s securities regulator recently held symposiums to gather public opinion on strengthening market supervision and promoting high-quality development of the capital market. The focus was on risk prevention and mitigation, with an emphasis on protecting investors’ interests.

Participants at the symposiums proposed measures to enhance the quality of companies seeking IPOs, including stricter regulation of IPO access. There were also suggestions to prioritize the investor-centric concept, scrutinize trading activities, and introduce more medium- and long-term capital into the market.

Furthermore, representatives highlighted the deterrent effect of recent cases of financial fraud and inside trading handled by the China Securities Regulatory Commission (CSRC). They recommended intensifying penalties for violations and irregularities to safeguard investors’ rights and maintain a fair market order.

Experts believe that the proposed measures will not only stabilize investors’ confidence but also improve the fairness and transparency of market trading. Additionally, it is anticipated that the equities market will play a significant role in propelling China’s economic recovery in 2024, especially with an expected loose monetary policy leading to ample liquidity that will benefit the market.

CSRC officials assured that all suggestions will be seriously considered, and there will be a timely response to market concerns. This comes as part of China’s efforts to enhance all-around supervision and stabilize the capital market, as evidenced by recent fines imposed on violators.

Despite initial volatility, China’s stock market showed resilience, with the Shanghai Composite Index gaining 1.56 percent on Monday, closing at 2,910.54 points.